Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2016

Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.1 million workers (preliminary) in the United States in 2016, a 3.9 percent increase from 6.8 million (revised) in 2015, according to the Bureau of Economic Analysis.

Changes to BEA's Regional Data Tables Improve Consistency

The Bureau of Economic Analysis made changes today to some of our tables showing data about states, counties, metro areas, and other local areas. The changes make the presentation of data more consistent across BEA’s regional tables.

These changes in the way gross domestic product and… Read More

September 2018 Trade Gap is $54.0 Billion

The U.S. monthly international trade deficit increased in September 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $53.3 billion in August (revised) to $54.0 billion in September, as imports increased more than exports. The… Read More

Gross Domestic Product by Industry: Second Quarter 2018

Information; real estate and rental and leasing; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the second quarter of 2018. Overall, 16 of 22 industry groups contributed to the 4.2 percent increase in real GDP in the… Read More

GDP Statistics for U.S. Counties Coming Dec. 12

For the first time, the Bureau of Economic Analysis is measuring the gross domestic product of the more than 3,000 counties in the United States. Prototype GDP statistics for each county will be published on our website Dec. 12.

Durable Goods Spending Rises in September

Personal income increased 0.2 percent in September after increasing 0.4 percent in August. Wages and salaries, the largest component of personal income, increased 0.2 percent in September after increasing 0.5 percent in August.

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GDP Increases in Third Quarter

Real gross domestic product (GDP) increased 3.5 percent in the third quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter of 2018, real GDP increased 4.2 percent. 

GDP highlights

Northern Mariana Islands’ GDP Increases in 2017

The estimates of GDP for the Commonwealth of the Northern Mariana Islands show that real GDP—GDP adjusted to remove price changes—increased 25.1 percent in 2017, after increasing 28.2 percent in 2016. For comparison, real GDP for the United States (excluding the territories)… Read More

August 2018 Trade Gap is $53.2 Billion

The U.S. monthly international trade deficit increased in August 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $50.0 billion in July (revised) to $53.2 billion in August, as exports decreased and imports increased. The previously… Read More

Personal Consumption Expenditures by State, 2017

State personal consumption expenditures (PCE) increased on average 4.3 percent in 2017, an acceleration from the 3.8 percent increase in 2016. The percent change in PCE across all states ranged from 6.9 percent in Idaho to 2.0 percent in North Dakota.

Personal Income Rises in August

Personal income increased 0.3 percent in August, the same increase as in July. Wages and salaries, the largest component of personal income, increased 0.5 percent in August after increasing 0.3 percent in July.

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GDP Increases in Second Quarter

Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2018, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was unchanged from the “second” estimate released in August. In the first quarter, real GDP increased 2.2 percent… Read More