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).

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 pictu

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.

GDP Increases in Fourth Quarter

Real gross domestic product increased 2.1 percent in the fourth quarter of 2019, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate is the same as in the “second” estimate released in February.

State Personal Income, 2019

State personal income increased 4.4 percent in 2019, after increasing 5.6 percent in 2018. In 2019, increases in earnings, property income (dividends, interest, and rent), and transfer receipts contributed to personal income growth in all states and the District of Columbia.

U.S. Current Account Deficit Widened in 2019

The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, widened by $7.4 billion, or 1.5 percent, to $498.4 billion in 2019.

U.S. Current Account Deficit Narrows in Fourth Quarter 2019

The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, narrowed by $15.6 billion, or 12.4 percent, to $109.8 billion in the fourth quarter of 2019.

Arts and Culture Economy Grows 3.6 Percent in 2017

Arts and cultural economic activity, adjusted for inflation, increased 3.6 percent in 2017, according to the U.S. Bureau of Economic Analysis. That compares with a 5.3 percent increase in 2016.

BE-10 Survey: A Comprehensive Update on U.S. Direct Investment

It's time for BEA's benchmark survey of U.S. direct investment abroad, conducted every five years. This survey is used to produce statistics that capture changing trends in activities of U.S.-owned businesses in other countries.

New Statistics Measure How Personal Income Is Distributed

BEA has developed prototype statistics that measure how the nation’s personal income is distributed across households, offering a new tool for assessing how Americans share in the nation’s economic growth.

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.

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.