Personal Income and Outlays, October 2020

Personal income decreased 0.7 percent while consumer spending increased 0.5 percent in October as federal economic recovery payments and pandemic-related assistance programs continued to wind down.

Gross Domestic Product, Third Quarter 2020 (Second Estimate) Corporate Profits, Third Quarter 2020 (Preliminary Estimate)

Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19.

Personal Income by County and Metropolitan Area, 2019

In 2019, personal income increased in 2,964 counties, decreased in 139, and was unchanged in 10. Personal income increased 4.0 percent in the metropolitan portion of the United States and increased 3.5 percent in the nonmetropolitan portion.

Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2018

Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.8 million workers in the United States in 2018, a 1.9 percent increase from 7.7 million in 2017, according to the Bureau of Economic Analysis.

Outdoor Recreation Satellite Account, U.S. and States, 2019

The new U.S. data show that the outdoor recreation economy accounted for 2.1 percent ($459.8 billion) of current-dollar gross domestic product (GDP) for the nation in 2019.

September 2020 Trade Gap is $63.9 Billion

The U.S. monthly international trade deficit decreased in September 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $67.0 billion in August (revised) to $63.9 billion in September, as exports increased more than imports.

Personal Income and Outlays, September 2020

Personal income increased 0.9 percent while consumer spending increased 1.4 percent in September, according to estimates released today by the Bureau of Economic Analysis.

Gross Domestic Product, Third Quarter 2020 (Advance Estimate)

Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. In the second quarter of 2020, real GDP decreased 31.4 percent.

2021 Calendar Features Advances in State Data

 Want to stay on top of what’s happening with state economies? BEA’s 2021 calendar has some new dates to circle. Next year our key state economic measure will be published earlier each quarter. And we’ll introduce inflation-adjusted consumer spending statistics for every state.

Personal Consumption Expenditures by State, 2019

State personal consumption expenditures (PCE) increased 3.9 percent in 2019, a deceleration from the 4.9 percent increase in 2018. The percent change in PCE across all states ranged from 5.7 percent in Utah to 1.8 percent in Vermont.

August 2020 Trade Gap is $67.1 Billion

The U.S. monthly international trade deficit increased in August 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $63.4 billion in July (revised) to $67.1 billion in August, as imports increased more than exports.

Gross Domestic Product by State, 2nd Quarter 2020

Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia in the second quarter of 2020, as real GDP for the nation decreased at an annual rate of 31.4 percent.