Bureau of Economic Analysis

State personal income grew 1.0 percent on average in the first quarter of 2016, the same pace as in the fourth quarter of 2015, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income grew in every state except Wyoming and North Dakota with first-quarter personal income growth rates ranging from -1.3 percent in North Dakota to 1.5 percent in Washington (table 1).

The U.S. current-account deficit—a net measure of transactions between the United States and the rest of the world in goods, services, primary income (investment income and compensation), and secondary income (current transfers)—increased to $124.7 billion (preliminary) in the first quarter of 2016 from $113.4 billion (revised) in the fourth quarter of 2015. As a percentage of U.S. GDP, the deficit increased to 2.7 percent from 2.5 percent.…

Current Account Balance The U.S.

Real gross domestic product (GDP) increased in 41 states and the District of Columbia in the fourth quarter of 2015, according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis. Real GDP by state growth, at an annual rate, ranged from 3.0 percent in Indiana to –3.4 percent in Wyoming. Information; construction; and professional, scientific, and technical services were the leading contributors to…

Real gross domestic product (GDP) increased in 41 states and the District of Columbia in the fourth quarter of 2015, according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis. Real GDP by state growth, at an annual rate, ranged from 3.0 percent in Indiana to –3.4 percent in Wyoming. Information; construction; and professional, scientific, and technical services were the leading contributors to…

The U.S. monthly international trade deficit increased in April 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $35.5 billion in March (revised) to $37.4 billion in April, as imports increased more than exports. The previously published March deficit was $40.4 billion. The goods deficit increased $1.4 billion from March to $58.8 billion in April. The services surplus decreased $0.5…

U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce * Washington, D.C. 20230

U.S. International Trade in Goods and Services

Annual Revision for 2015

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 April 2016 The U.S. Census Bureau and the U.S.

The Bureau of Economic Analysis is moving ahead on the second phase of a three-pronged plan to refine its estimates of gross domestic product by reducing potential sources of “residual” seasonality.  That’s when seasonal patterns remain in data even after they are adjusted for seasonal variations.

Personal income increased 0.4 percent in April, the same increase as in March. Wages and salaries, the largest component of personal income, increased 0.5 percent in April after increasing 0.4 percent in March.