BEA's First Official County GDP Stats

Real gross domestic product (GDP) increased in 2,375 counties, decreased in 717, and was unchanged in 21 in 2018, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA).

Guest Blog: New County GDP Data Will Help County Leaders Strategize and Plan

By Teryn Zmuda, Director of Research and Data Analytics at the National Association of Counties.

A new county economic measure will be released this week, providing an in-depth and detailed look into county economies — allowing county leaders to identify areas of strength and opportunit

October 2019 Trade Gap is $47.2 Billion

The U.S. monthly international trade deficit decreased in October 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.1 billion in September (revised) to $47.2 billion in October, as imports decreased more than exports.

Personal Income and Outlays: October 2019

Personal income showed virtually no change in October after increasing 0.3 percent in September. Wages and salaries, the largest component of personal income, increased 0.4 percent in October after increasing 0.1 percent in September.

GDP Increases in Third Quarter

Real gross domestic product (GDP) increased 2.1 percent in the third quarter of 2019, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.2 percentage point higher than the “advance” estimate released in October.

First Official County GDP Stats Coming Dec. 12

The size of every county’s economy with industry detail will be officially released for the first time by the U.S. Bureau of Economic Analysis on Dec. 12.  

Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2017

Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.4 million workers in the United States in 2017, a 2.8 percent increase from 7.2 million in 2016, according to the Bureau of Economic Analysis.

Local Area Personal Income: 2018

In 2018, personal income increased in 3,019 counties, decreased in 91, and was unchanged in 3, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA).

Gross Domestic Product (GDP) by State: Second Quarter 2019

Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the second quarter of 2019. The percent change in real GDP in the second quarter ranged from 4.7 percent in Texas to 0.5 percent in Hawaii.

Northern Mariana Islands GDP Decreases in 2018

The estimates of gross domestic product (GDP) for the Commonwealth of the Northern Mariana Islands (CNMI) show that real GDP—GDP adjusted to remove price changes—decreased 19.6 percent in 2018 after increasing 25.5 percent in 2017.  For comparison, real GDP for the United States (excluding the te

September 2019 Trade Gap is $52.5 Billion

The U.S. monthly international trade deficit decreased in September 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.0 billion in August (revised) to $52.5 billion in September, as imports decreased more than exports.

Real Disposable Personal Income Rises in September

Personal income increased 0.3 percent in September after increasing 0.5 percent in August. Wages and salaries, the largest component of personal income, showed no change in September after increasing 0.6 percent in August.