Bureau of Economic Analysis
Annual Update of GDP, Industry, and State Statistics Starts Sept. 25
Release of the annual update of gross domestic product and related statistics, including GDP by industry, begins Sept. 25. Updates of state and county statistics start Sept. 26.
Regular annual updates enable the U.S. Bureau of Economic Analysis to refine our estimates as more complete source data become available. They are also a time to bring in improvements in methodology and presentation. This year, we'll introduce data on business investment in data centers.
Principal Federal Economic Indicators
Noteworthy
The Latest
January 2020 Trade Gap is $45.3 Billion
The U.S. monthly international trade deficit decreased in January 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $48.6 billion in December (revised) to $45.3 billion in January, as imports decreased more than exports. The previously published December deficit was $48.9 billion. The goods deficit decreased $2.6 billion in January to $67.0 billion. The services surplus increased $0.…
2019 Trade Gap is $616.4 Billion
The U.S. international trade deficit decreased in 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $627.7 billion in 2018 to $616.4 billion in 2019, as imports decreased more than exports. As a percentage of U.S. gross domestic product, the goods and services deficit was 2.9 percent in 2019, down from 3.0 percent in 2018. The goods deficit decreased from $887.3 billion in 2018 to $…
U.S. International Trade in Goods and Services, January 2020
The U.S. monthly international trade deficit decreased in January 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $48.6 billion in December (revised) to $45.3 billion in January, as imports decreased more than exports. The previously published December deficit was $48.9 billion. The goods deficit decreased $2.6 billion in January to $67.0 billion. The services surplus increased $0.6…
Personal Income and Outlays, January 2020
Personal income increased 0.6 percent in January after increasing 0.1 percent in December. Wages and salaries, the largest component of personal income, increased 0.5 percent in January after increasing 0.1 percent in December.
Personal Income and Outlays, January 2020
Personal income increased 0.6 percent in January after increasing 0.1 percent in December. Wages and salaries, the largest component of personal income, increased 0.5 percent in January after increasing 0.1 percent in December.
GDP Increases in Fourth Quarter
Real gross domestic product (GDP) increased 2.1 percent in the fourth quarter of 2019, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate is the same as in the “advance” estimate released in January. In the third quarter, real GDP also increased 2.1 percent.
Gross Domestic Product, Fourth Quarter and Year 2019 (Second Estimate)
Real gross domestic product (GDP) increased 2.1 percent in the fourth quarter of 2019, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate is the same as in the “advance” estimate released in January. In the third quarter, real GDP also increased 2.1 percent.
Exploring the Space Economy
BEA has launched a research project to measure the multibillion-dollar U.S. space economy, such as satellites, rocket launches, and benefits like GPS navigation here on Earth.
The goal is to create a prototype set of statistics showing the space sector’s impact on the national economy. We are researching how to measure both public programs and private endeavors, with emphasis on capturing the value of the expanding commercial space…
December 2019 Trade Gap is $48.9 Billion
The U.S. monthly international trade deficit increased in December 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $43.7 billion in November (revised) to $48.9 billion in December, as imports increased more than exports. The previously published November deficit was $43.1 billion. The goods deficit increased $5.1 billion in December to $69.7 billion. The services surplus decreased…
2019 Trade Gap is $616.8 Billion
The U.S. international trade deficit decreased in 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $627.7 billion in 2018 to $616.8 billion in 2019, as imports decreased more than exports. As a percentage of U.S. gross domestic product, the goods and services deficit was 2.9 percent in 2019, down from 3.0 percent in 2018. The goods deficit decreased from $887.3 billion in 2018 to $…