The BEA Wire | BEA's Official Blog
Personal Income and Outlays, July 2022
Personal income increased $47.0 billion, or 0.2 percent at a monthly rate, while consumer spending increased $23.7 billion, or 0.1 percent, in July. The increase in personal income primarily reflected an increase in compensation. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 5.0 percent in July, the same rate as in June.
Gross Domestic Product (Second Estimate) Corporate Profits (Preliminary Estimate) Second Quarter 2022
Real gross domestic product (GDP) decreased at an annual rate of 0.6 percent in the second quarter of 2022, following a decrease of 1.6 percent in the first quarter. The second-quarter decrease was revised up 0.3 percentage point from the “advance” estimate released in July. The smaller decrease in the second quarter, compared to the first quarter, primarily reflected an upturn in exports and a smaller decrease in federal government spending…
Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2020
Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises employed 7.86 million workers in the United States in 2020, a 2.8 percent decrease from 8.08 million workers in 2019, according to the U.S. Bureau of Economic Analysis. MOUSAs accounted for 6.4 percent of total private industry employment in the United States in 2020.
June 2022 Trade Gap is $79.6 Billion
The U.S. monthly international trade deficit decreased in June 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $84.9 billion in May (revised) to $79.6 billion in June, as exports increased and imports decreased. The previously published May deficit was $85.5 billion. The goods deficit decreased$4.9 billion in June to $99.5 billion. The services surplus increased $0.3 billion in…
Personal Income and Outlays, June 2022
Personal income increased $133.5 billion, or 0.6 percent at a monthly rate, while consumer spending increased $181.1 billion, or 1.1 percent, in June. The increase in personal income primarily reflected increases in compensation and proprietors’ income. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 5.1 percent in June, compared with 5.5 percent in May.
Gross Domestic Product, Second Quarter 2022
Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022, following a decrease of 1.6 percent in the first quarter. The smaller decrease in the second quarter primarily reflected an upturn in exports and a smaller decrease in federal government spending. For more details, including source data, refer to the Technical Note.
Gross Domestic Product for Puerto Rico, 2020
Real gross domestic product for Puerto Rico decreased 6.0 percent in 2020 after increasing 0.2 percent in 2019, according to statistics released today by the U.S. Bureau of Economic Analysis.
The decrease in real GDP in 2020 primarily reflected a decrease in exports of goods and services. Personal consumption expenditures, government spending, and private fixed investment also decreased. These decreases were partly offset by an…
Producto interior bruto para Puerto Rico, 2020
El producto interior bruto real para Puerto Rico decreció 6.0 por ciento en 2020, luego de crecer 0.2 por ciento en 2019, de acuerdo con las estadísticas difundidas hoy por el Negociado de Análisis Económico de EE. UU.
Direct Investment by Country and Industry, 2021
The U.S. direct investment abroad position, or cumulative level of investment, increased $403.3 billion to $6.49 trillion at the end of 2021 from $6.09 trillion at the end of 2020, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). The increase reflected a $352.6 billion increase in the position in Europe, primarily in Ireland and the United Kingdom. By industry, holding company affiliates owned by U.S.…
National, Industry, and State Annual Updates Coming Sept. 29-30
This year for the first time, BEA will produce and publish in tandem annual updates of national, industry, and state statistics. The updates on Sept. 29 and 30 will cover gross domestic product and many related statistics, including national and state personal income, for 2021 and earlier years.
May 2022 Trade Gap is $85.5 Billion
The U.S. monthly international trade deficit decreased in May 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $86.7 billion in April (revised) to $85.5 billion in May, as exports increased more than imports. The previously published April deficit was $87.1 billion. The goods deficit decreased $2.9 billion in May to $105.0 billion. The services surplus decreased $1.7 billion in May…
New Foreign Direct Investment in the United States, 2021
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $333.6 billion in 2021, up $192.2 billion from $141.4 billion in 2020.