Bureau of Economic Analysis

The U.S. monthly international trade deficit decreased in June 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $46.4 billion in May (revised) to $43.6 billion in June, as exports increased and imports decreased. The previously published May deficit was $46.5 billion. The goods deficit decreased $2.1 billion in June to $65.2 billion. The services surplus increased $0.6 billion in…

Gross domestic product is BEA’s flagship statistic, the one people are most likely to know. But we produce lots of other data in addition to the nation’s GDP. You can get a quick overview by exploring BEA’s four main types of economic accounts: regional, national, international and industry.

An easy way to do that is to look through each area’s interactive data tables (tables that can be customized to show the statistics that interest…

Personal income was unchanged in June after increasing 0.3 percent in May. Wages and salaries, the largest component of personal income, increased 0.4 percent in June after increasing 0.1 percent in May.

In June 2017, real disposable personal income decreased 0.1 percent.

Real gross domestic product (GDP) increased 2.6 percent in the second quarter of 2017, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent (revised).

Real gross domestic product increased at an annual rate of 2.6 percent in the second quarter of 2017 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent (revised). The Bureau emphasized that the second-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see “Source…

Real gross domestic product (GDP) increased in 43 states and the District of Columbia in the first 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 ranged from 3.9 percent in Texas to –4.0 percent in Nebraska. Real estate and rental and leasing; mining; and durable-goods manufacturing were the leading contributors to U.S. economic growth…

Real gross domestic product (GDP) increased in 43 states and the District of Columbia in the first quarter of 2017. Real GDP by state growth in the first quarter ranged from 3.9 percent in Texas to -4.0 percent in Nebraska.

Detailed statistics on U.S. direct investment abroad – or “outward direct investment”– and on foreign direct investment in the United States – or “inward direct investment” – are now available on BEA’s website.

Real estate and rental and leasing; mining; and durable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2017. Overall, 13 of 22 industry groups contributed to the 1.4 percent increase in real GDP in the first quarter.