March 19, 2014 | The BEA Wire
The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—decreased to $81.1 billion (preliminary) in the fourth quarter of 2013 from $96.4 billion (revised) in the third quarter of 2013. As a percentage of U.S. GDP, the deficit decreased to 1.9 percent from 2.3 percent. The previously published current-account deficit for the third quarter was $94.8 billion.
March 19, 2014 | News Release
March 13, 2014 | The BEA Wire
Eagle-eyed folks using our interactive data tables have probably noticed they look a tad different.
Despite some differences in the way they look, BEA’s interactive data tables operate in the same way.
The changes are part of a BEA upgrade to the next generation of language used to create Web pages, called HTML5. This upgrade will make it easier for BEA to develop applications that are more robust and design Web…
March 10, 2014 | The BEA Wire
Want to know how much manufacturing contributed to U.S. economic growth in a given quarter? How about educational services?
For the first time, the Bureau of Economic Analysis (BEA) will soon start producing on a regular basis quarterly estimates of economic activity generated by 22 industries.
March 7, 2014 | The BEA Wire
The U.S. monthly international trade deficit increased in January 2014 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $39.0 billion in December (revised) to $39.1 billion in January as imports increased more than exports. The previously published December deficit was $38.7 billion. The goods deficit increased $0.7 billion from December to $59.3 billion in January; the services surplus…
March 7, 2014 | 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
January 2014
Goods and Services
The U.S. Census Bureau and the U.S.
March 3, 2014 | The BEA Wire
Personal income increased 0.3 percent in January after remaining flat in December, in part reflecting increases in Medicaid and other government social benefits due to the Affordable Care Act (ACA). Excluding all special factors, personal income rose 0.2 percent in January, following a decrease of 0.1 percent in December.
Current-dollar disposable personal income (DPI),
after-tax income, increased 0.4 percent in January after…
March 3, 2014 | News Release
Personal income increased $43.9 billion, or 0.3 percent, and disposable personal income (DPI) increased $45.2 billion,
or 0.4 percent, in January, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE)
increased $48.1 billion, or 0.4 percent.
February 28, 2014 | The BEA Wire
Real gross domestic product (GDP) increased 2.4 percent in the fourth quarter of 2013, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.8 percentage point less than the “advance” estimate released in January. In the third quarter, the growth rate was 4.1 percent.
February 28, 2014 | News Release
Real gross domestic product -- the output of goods and services produced by labor and property
located in the United States -- increased at an annual rate of 2.4 percent in the fourth quarter of 2013
(that is, from the third quarter to the fourth quarter), according to the "second" estimate released by the
Bureau of Economic Analysis. In the third quarter, real GDP increased 4.1 percent.
The GDP estimate released today is based…
