Bureau of Economic Analysis

QUARTERLY TOURISM ESTIMATES WILL NOT BE DISCONTINUED (SEE THE BOX NEXT RELEASE)

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Real spending on travel and tourism (spending adjusted for price changes) increased at an annual rate of 3.0 percent in 2008:2, according to the Bureau of Economic Analysis. In 2008:1, real spending on travel and tourism grew 0.5 percent (revised). By comparison, real gross domestic product (GDP) grew at an annual rate of 3.3 percent (…

WASHINGTON DC, September 18, 2008 - U.S. personal income grew 1.8 percent in the second quarter of 2008 with growth accelerating in all but five states, according to statistics released today by the U.S. Bureau of Economic Analysis. The second-quarter growth was the highest since the first quarter of 2007 and more than double the 0.8 percent pace of the first quarter of 2008.

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U.S. International Trade in Goods and Services DECEMBER 2007

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July 2008 Personal income decreased $89.9 billion, or 0.7 percent, in July, in contrast to an increase of $7.4 billion, or 0.1 percent, in June and an increase of $218.0 billion, or 1.8 percent, in May. Disposable personal income (DPI) decreased $114.7 billion, or 1.1 percent, in July, compared with a decrease of $208.0 billion, or 1.9 percent, in June and an increase of $595.9 billion, or 5.7 percent in May.

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 3.3 percent in the second quarter of 2008, (that is, from the first quarter to the second quarter), according to preliminary estimates released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.9 percent. The GDP estimates released today are based on more…

WASHINGTON DC, August 7, 2008 - Personal income growth slowed in 2007 in most of the nation's metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. On average, MSA personal income grew 6.2% in 2007, down from 6.8% in 2006. Personal income growth slowed in 208 MSAs, increased in 144, and remained unchanged in 11 MSAs.

June 2008 Personal income increased $6.8 billion, or 0.1 percent, and disposable personal income (DPI) decreased $210.3 billion, or 1.9 percent, in June, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $57.1 billion, or 0.6 percent. In May, personal income increased $219.3 billion, or 1.8 percent, DPI increased $595.4 billion, or 5.7 percent, and PCE increased $76.5 billion, or 0.8 percent,…

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 1.9 percent in the second quarter of 2008 (that is, from the first quarter to the second quarter), according to advance estimates released by the Bureau of Economic Analysis.

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