The BEA Wire | BEA's Official Blog
Widespread Growth Across Metropolitan Areas
BEA to Release 2013 Metro-Area GDP Statistics Sept. 16
Statistics on the 2013 economic performance of the nation’s 381 metropolitan areas will be released Tuesday, Sept. 16 at 8:30 a.m. EDT by the U.S. Bureau of Economic Analysis (BEA).
American Samoa Economy Shrinks in 2013; Consumer Spending Grows
Estimates of gross domestic product (GDP) for American Samoa show that real GDP — adjusted to remove price changes — decreased 2.4 percent in 2013. In contrast, real GDP for the U.S. (excluding the territories) increased 2.2 percent in 2013.
Brian Moyer Named New BEA Director
Brian Moyer was named Director of the Bureau of Economic Analysis, bringing more than 20 years of experience in economic statistics to the post. His new status as Director takes effect Sept. 21.
July 2014 Trade Gap is $40.5 Billion
The U.S. monthly international trade deficit decreased in July 2014 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $40.8 billion in June (revised) to $40.5 billion in July as exports increased more than imports.
Real Consumer Spending Falls in July
Personal Income rose 0.2 percent in July after rising 0.5 percent in June. Wages and salaries, the largest component of personal income, rose 0.2 percent in July after rising 0.4 percent in June.
GDP Up in Second Quarter
Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2014, according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 2.1 percent.
New Statistics on the Activities of U.S. Multinational Enterprises are Now Available
The Bureau of Economic Analysis has released preliminary 2012 statistics on the outward activities of multinational enterprises (AMNEs). Outward AMNE statistics cover the worldwide activities of U.S.
Quarterly Gross Domestic Product by State, 2005–2013 (Prototype Statistics)
U.S. Virgin Islands' Economy Shrinks for Third Consecutive Year
The estimates of Gross Domestic Product for the U.S. Virgin Islands show that real GDP, adjusted to remove price changes, decreased 5.4 percent in 2013. This was the third consecutive decline following decreases of 13.8 percent in 2012 and 7.5 percent in 2011.
Coming Soon: More Timely Data on the Health of States' Economies
BEA’s annual gross domestic product by state report provides a crucial look into the health of states’ economies.