Bureau of Economic Analysis
U.S. International Transactions, 2nd Quarter 2025
The U.S. current-account deficit narrowed by $188.5 billion, or 42.9 percent, to $251.3 billion in the second quarter of 2025, according to statistics released today by BEA. The revised first-quarter deficit was $439.8 billion. The second-quarter deficit was 3.3 percent of current-dollar gross domestic product, down from 5.9 percent in the first quarter.
Principal Federal Economic Indicators
Noteworthy
The Latest
October 2017 Trade Gap is $48.7 Billion
The U.S. monthly international trade deficit increased in October 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $44.9 billion in September (revised) to $48.7 billion in October, as exports decreased and imports increased. The previously published September deficit was $43.5 billion. The goods deficit increased $3.8 billion in October to $69.1 billion. The services surplus…
U.S. International Trade in Goods and Services, October 2017
Total October exports of $195.9 billion and imports of $244.6 billion resulted in a goods and services deficit of $48.7 billion.
GDP for the U.S. Virgin Islands Increases in 2016
Today, the Bureau of Economic Analysis is releasing estimates of gross domestic product for the U.S. Virgin Islands for 2016, in addition to estimates of GDP by industry and compensation by industry for 2015. These estimates were developed under the Statistical Improvement Program funded by the Office of Insular Affairs of the U.S. Department of the Interior.
Gross Domestic Product for U.S. Virgin Islands (USVI), 2016
The estimates of GDP for the USVI show that real GDP—GDP adjusted to remove price changes— increased 0.9 percent in 2016 after increasing 0.3 percent in 2015 (see Table 1.3). For comparison, real GDP for the United States (excluding the territories) increased 1.5 percent in 2016 after increasing 2.9 percent in 2015.
Real Disposable Personal Income Rises in October
Personal income increased 0.4 percent in October, the same increase as in September. Wages and salaries, the largest component of personal income, increased 0.3 percent in October after increasing 0.5 percent in September.
Personal Income and Outlays, October 2017
Personal income increased $65.1 billion (0.4 percent) in October according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $66.1 billion (0.5 percent) and personal consumption expenditures (PCE) increased $34.4 billion (0.3 percent).
GDP Increases in Third Quarter
Real gross domestic product (GDP) increased 3.3 percent in the third quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. In the second quarter of 2017, real GDP increased 3.1 percent.
Gross Domestic Product, 3rd quarter 2017 (second estimate); Corporate Profits, 3rd quarter 2017 (preliminary estimate)
Real gross domestic product (GDP) increased at an annual rate of 3.3 percent in the third quarter of 2017 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.1 percent.
Gross Domestic Product by State, 2nd quarter 2017
Real gross domestic product (GDP) increased in 48 states and the District of Columbia in the second quarter of 2017, according to statistics on the geographic breakout of GDP released today by the U.S. Bureau of Economic Analysis. Real GDP by state growth in the second quarter ranged from 8.3 percent in North Dakota to -0.7 percent in Iowa (table 1).