December 20, 2016 | The BEA Wire
State personal income growth decelerated to 1.1 percent on average in the third quarter of 2016 from 1.2 percent in the second quarter. Personal income grew in every state in the second-quarter with growth rates ranging from 0.4 percent in Oklahoma to 1.4 percent in South Dakota.
December 20, 2016 | News Release
State personal income growth decelerated to 1.1 percent on average in the third quarter of 2016 from 1.2 percent in the second quarter, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income grew in every state in the second-quarter with growth rates ranging from 0.4 percent in Oklahoma to 1.4 percent in South Dakota (table 1).
December 16, 2016 | The BEA Wire
Detailed statistics on the worldwide activities of U.S. multinational enterprises in 2014, including the finances and operations of U.S. parent companies and their foreign affiliates, are now available from the U.S. Bureau of Economic Analysis.
December 15, 2016 | The BEA Wire
The U.S. current-account deficit decreased to $113.0 billion (preliminary) in the third quarter of 2016 from $118.3 billion (revised) in the second quarter of 2016. As a percentage of U.S. GDP, the deficit decreased to 2.4 percent from 2.6 percent. The previously published current-account deficit for the second quarter was $119.9 billion.
December 15, 2016 | News Release
Current Account Balance
The U.S. current account deficit decreased to $113.0 billion (preliminary) in the third quarter
of 2016 from $118.3 billion (revised) in the second quarter of 2016, according to statistics
released by the Bureau of Economic Analysis (BEA).
December 14, 2016 | The BEA Wire
After declining for four consecutive years, the Virgin Islands’ economy grew in 2015. Real GDP — adjusted to remove price changes—increased 0.2 percent in 2015, after decreasing 1.0 percent in 2014. For comparison, real GDP for the United States (excluding the territories) increased 2.6 percent in 2015 after increasing 2.4 percent in 2014.
December 14, 2016 | The BEA Wire
Real Tourism Spending. – Real spending on travel and tourism accelerated in the third quarter of 2016, increasing at an annual rate of 5.0 percent after increasing 4.5 percent (revised) in the second quarter according to new statistics released by the Bureau of Economic Analysis. By comparison, real gross domestic
December 14, 2016 | News Release
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December 14, 2016 | News Release
Real spending (output) on travel and tourism accelerated in the third quarter of 2016, increasing at an annual rate of 5.0 percent after increasing 4.5 percent (revised) in the second quarter according to new statistics released by the Bureau of Economic Analysis. By comparison, real gross domestic product (GDP) increased 3.2 percent in the third quarter after increasing 1.4 percent in the second.
December 7, 2016 | The BEA Wire
Real gross domestic product (GDP) increased in 41 states and the District of Columbia in the second quarter of 2016, 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 4.3 percent in Nebraska to –5.6 percent in North Dakota. Transportation and warehousing; health care and social assistance; and professional, scientific, and technical services…