September 20, 2017 | News Release
Real gross domestic product (GDP) increased in 267 out of 382 metropolitan areas in 2016 according to statistics on the geographic breakout of GDP released by the Bureau of Economic Analysis. Real GDP by metropolitan area growth ranged from 8.1 percent in Lake Charles, LA and Bend-Redmond, OR to -13.3 percent in Odessa, TX (table 2).
September 19, 2017 | The BEA Wire
The U.S. current-account deficit increased to $123.1 billion (preliminary) in the second quarter of 2017 from $113.5 billion (revised) in the first quarter of 2017. As a percentage of U.S. GDP, the deficit increased to 2.6 percent from 2.4 percent. The previously published current-account deficit for the first quarter was $116.8 billion.
September 19, 2017 | News Release
Current-Account Balance
The U.S. current-account deficit increased to $123.1 billion (preliminary) in the second
quarter of 2017 from $113.5 billion (revised) in the first quarter of 2017, according to
statistics released by the Bureau of Economic Analysis (BEA).
September 13, 2017 | The BEA Wire
Real spending (output) on travel and tourism accelerated in the second quarter of 2017, growing at an annual rate of 4.9 percent after increasing 4.4 percent (revised) in the first quarter, according to new statistics released by the Bureau of Economic Analysis.
September 13, 2017 | News Release
Real spending (output) on travel and tourism accelerated in the second quarter of 2017, growing at an annual rate of 4.9 percent after increasing 4.4 percent (revised) in the first quarter, according to new statistics released by the Bureau of Economic Analysis. Real gross domestic product (GDP) for the nation also accelerated, increasing 3.0 percent in the second quarter (second estimate) after increasing 1.2 percent in the first quarter of…
September 7, 2017 | The BEA Wire
BEA is moving ahead on a project to develop a new set of statistics that measure how outdoor pursuits like fishing, camping, and hiking contribute to the economy. The Outdoor Recreation Satellite Account, or ORSA, will add up jobs, spending, and goods and services for leisure activities that range across the American landscape, from hang gliding through the sky, to diving into the sea. Release of the first experimental estimates is expected…
September 6, 2017 | The BEA Wire
The U.S. monthly international trade deficit increased in July 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $43.5 billion in June (revised) to $43.7 billion in July, as exports decreased more than imports. The previously published June deficit was $43.6 billion. The goods deficit decreased less than $0.1 billion in July to $65.3 billion. The services surplus decreased $0.2…
September 6, 2017 | News Release
Total July exports of $194.4 billion and imports of $238.1 billion resulted in a goods and services deficit of $43.7 billion.
September 4, 2017 | News Release
This release is available as a PDF download.
September 4, 2017 | The BEA Wire
The Bureau of Economic Analysis released estimates of gross domestic product for Guam 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.
Revised estimates of GDP for 2013 to 2015, as well as revised estimates of GDP by industry and…
