Bureau of Economic Analysis

Real gross domestic product (GDP) increased at an annual rate of 0.7 percent in the first quarter of 2017 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2016, real GDP increased 2.1 percent.

We Want to Hear from You

Members of the public, private industry, state and local governments, non-profit organizations, and other interested parties are invited to provide feedback on the development of a new set of statistics that will provide information on economic activity associated with the outdoor recreation segment of the United States economy.

Finance and insurance; retail trade; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2016. Overall, 19 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the fourth quarter.

Finance and insurance; retail trade; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2016. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 19 of 22 industry groups contributed to the overall 2.1 percent increase in real GDP in the fourth quarter.

Sure, Broadway and Hollywood employ lots of creative people. But when it comes to artistic and cultural work, not all the action is on the coasts. New data show arts and culture account for a larger share of jobs in Wyoming, Utah and Colorado than they do nationally.

For the first time, the Bureau of Economic Analysis has produced statistics spotlighting the economic impact of arts and cultural activities in each state and the…

New State Data Show Employment in These Industries Rises in 24 States

Arts and cultural economic activity nationwide grew an inflation-adjusted 1.9 percent in 2014, according to new statistics released by the Bureau of Economic Analysis. That compares with a 2.4 percent increase in real value added from all arts and culture industries for 2013 (table 1). Arts and cultural economic activity accounted for 4.2 percent…

A new report on the state-by-state economic impact of arts and cultural production will be released Wednesday, April 19, at 10 a.m. Eastern time by the Bureau of Economic Analysis.

The report will provide – for the first time ever – state-level information on employment and employee compensation in the arts and culture sector, covering the years 2001-2014.

The U.S. monthly international trade deficit decreased in February 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $48.2 billion in January (revised) to $43.6 billion in February, as exports increased and imports decreased. The previously published January deficit was $48.5 billion. The goods deficit decreased $4.6 billion in February to $65.0 billion. The services surplus…

U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce * Washington, DC 20230 U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES February 2017 The U.S. Census Bureau and the U.S.

Personal income increased 0.4 percent in February after increasing 0.5 percent in January. Wages and salaries, the largest component of personal income, increased 0.5 percent in February after increasing 0.4 percent in January.