With its 2018 comprehensive update of gross domestic product and related statistics, the Bureau of Economic Analysis completed a multiyear project to improve and modernize our seasonal adjustment… Read More
Real estate and rental and leasing; information; and nondurable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2018. Overall, 14 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the first quarter.
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $259.6 billion in 2017, down 32 percent from $379.7 billion in 2016.… Read More
The U.S. monthly international trade deficit decreased in May 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $46.1 billion in April (revised) to $43.1 billion in May, as exports increased more than imports. The previously published… Read More
After five years, it’s almost time for another comprehensive update of gross domestic product and related statistics – big events at BEA that can affect decades of data.