The U.S. net international investment position decreased to −$8,318.4 billion (revised) at the end of 2016 from −$7,493.5 billion (revised) at the end of 2015.
The BEA Wire | BEA's Official Blog
State Personal Income, First Quarter 2017
State personal income growth accelerated to 1.0 percent on average in the first quarter of 2017 from 0.3 percent in the fourth quarter of 2016. Earnings and personal current transfer receipts were the leading contributors to growth for the nation and in most states.
State Personal Income, First Quarter 2017
Real spending (output) on travel and tourism turned up in the first quarter of 2017, increasing at an annual rate of 0.4 percent after decreasing 2.7 percent (revised) in the fourth quarter of 2016, according to new statistics released by the Bureau of Economic Analysis.
Travel and Tourism Spending Turned Up in the First Quarter
Real spending (output) on travel and tourism turned up in the first quarter of 2017, increasing at an annual rate of 0.4 percent after decreasing 2.7 percent (revised) in the fourth quarter of 2016, according to new statistics released by the Bureau of Economic Analysis.
Real Personal Income for Metropolitan Areas, 2015
Growth of real personal income for metropolitan areas — an area’s current-dollar personal income adjusted by its regional price parity (RPP) and the national personal consumption expenditure (PCE) price index — ranged from -10.1 percent in Midland, TX to 9.9 percent in Carson City, NV.
Real Personal Income for States, 2015
Growth of real state personal income — a state’s current-dollar personal income adjusted by the state’sregional price parity (RPP) and the national personal consumption expenditure (PCE) price index —ranged from -2.3 percent in North Dakota to 7.0 percent in Delaware.
U.S. Current-Account Deficit Increases in First Quarter 2017
Errata: Numbers in this blog have been corrected. Net U.S. borrowing from financial-account transactions now stands at $115.3 billion in the first quarter. Net U.S.
April 2017 Trade Gap is $47.6 Billion
The U.S. monthly international trade deficit increased in April 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $45.3 billion in March (revised) to $47.6 billion in April, as exports decreased and imports increased.
Spending on Durable Goods Rises in April
Personal income increased 0.4 percent in April after increasing 0.2 percent in March. Wages and salaries, the largest component of personal income, increased 0.7 percent in April after remaining unchanged in March.
GDP Increases in First Quarter
Real gross domestic product (GDP) increased 1.2 percent in the first quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.5 percentage points higher than the “advance” estimate released in April.
Picking the Right Health Care Price Index
Researchers studying the hot topic of rising health care costs face a complicated choice: which price index to use.
There’s an array of government inflation indexes that differ in scope, formula and data sources. Choosing the right one can be critical to your research findings.