December 4, 2013 | The BEA Wire
Newly published estimates for Guam show that real gross domestic product (GDP)—GDP adjusted to remove price changes—increased 0.5 percent in 2012, after decreasing 0.6 percent in 2011.
For comparison, real GDP for the United States (excluding the territories) increased 2.8 percent in 2012 and 1.8 percent in 2011.
In 2012, the increase in real GDP reflected an improvement in the trade balance. Exports of services—primarily…
December 4, 2013 | News Release
December 2, 2013 | The BEA Wire
Newly published estimates for the Commonwealth of the Northern Mariana Islands show that real Gross Domestic Product, GDP adjusted to remove price changes, increased 5.2 percent in 2012 after decreasing 6.8 percent in 2011.
For comparison, real GDP for the United States (excluding the territories) increased 2.8 percent in 2012 and 1.8 percent in 2011.
December 1, 2013 | News Release
This release is available as a PDF download.
November 21, 2013 | The BEA Wire
You probably noticed that today’s release of the Bureau of Economic Analysis’ (BEA) local area personal income statistics is missing some detail that’s normally included. Why?
November 21, 2013 | The BEA Wire
Personal income growth slowed in 2012 in most of the nation’s 381 metropolitan statistical areas (MSAs). Personal income growth slowed in 311 MSAs, accelerated in 65 MSAs, and remained unchanged in 5 MSAs. On average, MSA personal income rose 4.2 percent in 2012, after growing 6.0 percent in 2011. Personal income growth ranged from 12.1 percent in Midland, TX, to –1.6 percent in Yuma, AZ, one of only five MSAs where personal income declined…
November 21, 2013 | News Release
Personal income growth slowed in 2012 in most of the nations 381 metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income growth slowed in 311 MSAs, accelerated in 65 MSAs, and remained unchanged in 5 MSAs. On average, MSA personal income rose 4.2 percent in 2012, after growing 6.0 percent in 2011. Personal income growth ranged from 12.1 percent in Midland, Texas to…
November 14, 2013 | The BEA Wire
The U.S. monthly international trade deficit increased in September 2013 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $38.7 billion in August (revised) to $41.8 billion in September as exports decreased and imports increased. The previously published August deficit was $38.8 billion. The goods deficit increased $3.0 billion from August to $61.3 billion in September; the services…
November 14, 2013 | News Release
November 8, 2013 | The BEA Wire
Personal income rose 0.5 percent in September, the same as in August. Wages and salaries, the largest component of personal income, rose 0.4 percent after rising 0.5 percent. Farm proprietors’ income was boosted in September, reflecting the settlement of a class-action discrimination lawsuit against the U. S. Department of Agriculture.
Current-dollar disposable personal income (DPI), after-tax income, rose 0.5…
