July 7, 2016 | News Release
Real personal income across all regions rose by an average of 2.9 percent in 2014. This growth rate reflects the year-over-year change in nominal personal income across all regions adjusted by the change in the national personal consumption expenditures (PCE) price index. On a nominal basis, personal income across all regions grew an average of 4.4 percent in 2014. In 2014, the U.S. PCE price index grew 1.4 percent.
July 6, 2016 | The BEA Wire
The U.S. monthly international trade deficit increased in May 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $37.4 billion in April (revised) to $41.1 billion in May, as exports decreased and imports increased. The previously published April deficit was $37.4 billion. The goods deficit increased $3.7 billion from April to $62.2 billion in May. The services surplus decreased $0.1…
July 6, 2016 | News Release
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
May 2016
The U.S. Census Bureau and the U.S.
July 1, 2016 | The BEA Wire
SUITLAND, Md. — Statistics detailing the amount and type of new direct investments made in the United States by foreign investors will be released by the Bureau of Economic Analysis on Wednesday, July 13.
The data will be available in a news release on BEA’s website at 8:30 a.m. eastern time. The statistics cover new direct investments initiated in 2015 and 2014 and will provide information on:
June 30, 2016 | The BEA Wire
The U.S. net international investment position at the end of the first quarter of 2016 was -$7,525.6 billion (preliminary) as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the fourth quarter of 2015, the net investment position was -$7,280.6 billion (revised).
June 30, 2016 | News Release
First Quarter of 2016
The U.S. net international investment position at the end of the first quarter of 2016 was −$7,525.6 billion (preliminary) as the value of U.S. liabilities exceeded the value of U.S. assets (chart 1, table 1). At the end of the fourth quarter of 2015, the net investment position was -$7,280.6 billion (revised).
June 29, 2016 | The BEA Wire
BEA is getting ready for its big summer update of GDP and other national economic statistics, coming in late July. This annual ritual of refining figures from the last three years can be confusing. People wonder: Were the old numbers wrong? Are these new figures final? No, and not really.
June 29, 2016 | The BEA Wire
Personal income increased 0.2 percent in May after increasing 0.5 percent in April. Wages and salaries, the largest component of personal income, increased 0.2 percent in May after increasing 0.5 percent in April.
June 29, 2016 | News Release
Personal income increased $37.1 billion, or 0.2 percent, and disposable personal income (DPI) increased
$33.9 billion, or 0.2 percent, in May, according to the Bureau of Economic Analysis. Personal consumption
expenditures (PCE) increased $53.5 billion, or 0.4 percent.
June 28, 2016 | The BEA Wire
"Third" estimate of GDP
Real gross domestic product (GDP) increased 1.1 percent in the first quarter of 2016, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was 0.3 percentage point higher than the “second” estimate released last month. In the fourth quarter of 2015, real GDP increased 1.4 percent.