Bureau of Economic Analysis
Gross Domestic Product by County and Personal Income by County, 2024
Real gross domestic product (GDP) increased in 2,273 counties, decreased in 809 counties, and was unchanged in 24 counties in 2024. County-level changes ranged from a 76.6 percent increase in Carter County, MT, to a 46.3 percent decline in Baca County, CO.
Personal income, in current dollars, increased in 2,768 counties, decreased in 331, and was unchanged in 7 counties in 2024. County-level changes ranged from a 22.6 percent increase in Harding County, SD, to a 23.3 percent decline in Issaquena County, MS.
Principal Federal Economic Indicators
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Gross Domestic Product by Industry: Fourth Quarter 2019
Retail trade, finance and insurance, and utilities were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2019. Overall, 17 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the fourth quarter.
Gross Domestic Product by Industry: Fourth Quarter and Year 2019
Retail trade, finance and insurance, and utilities were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2019. Overall, 17 of 22 industry groups contributed to the 2.1 percent increase in real GDP in the fourth quarter.
February 2020 Trade Gap is $39.9 Billion
The U.S. monthly international trade deficit decreased in February 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $45.5 billion in January (revised) to $39.9 billion in February, as imports decreased more than exports. The previously published January deficit was $45.3 billion. The goods deficit decreased $5.9 billion in February to $61.2 billion. The services surplus decreased $0…
U.S. International Trade in Goods and Services, February 2020
The U.S. monthly international trade deficit decreased in February 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $45.5 billion in January (revised) to $39.9 billion in February, as imports decreased more than exports. The previously published January deficit was $45.3 billion. The goods deficit decreased $5.9 billion in February to $61.2 billion. The services surplus decreased $0.4…
U.S. International Investment Position Year 2019
The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$10.99 trillion at the end of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $29.32 trillion and liabilities were $40.31 trillion. At the end of 2018, the net investment position was –$9.55 trillion.
U.S. International Investment Position Fourth Quarter 2019
The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$10.99 trillion at the end of the fourth quarter of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $29.32 trillion and liabilities were $40.31 trillion. At the end of the third quarter, the net investment position was –$10.98 trillion.
U.S. International Investment Position, Fourth Quarter and Year 2019
The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$10.99 trillion at the end of the fourth quarter of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $29.32 trillion and liabilities were $40.31 trillion. At the end of the third quarter, the net investment position was –$10.98 trillion.
Deputy Director Bohman Takes on Duties as Acting Director
The Bureau of Economic Analysis (BEA) announced today that Deputy Director Mary Bohman is the acting Director of the Bureau, overseeing the production of official economic statistics that provide a comprehensive, up-to-date picture of the U.S. economy.
Personal Income and Outlays, February 2020
Personal income increased 0.6 percent in February, the same increase as in January. Wages and salaries, the largest component of personal income, increased 0.5 percent in February, also the same increase as in January.
Personal Income and Outlays: February 2020
Personal income increased 0.6 percent in February, the same increase as in January. Wages and salaries, the largest component of personal income, increased 0.5 percent in February, also the same increase as in January.