The BEA Wire | BEA's Official Blog

On May 5th, the Bureau of Economic Analysis (BEA) restored detailed estimates on employment, farm income and expenses, and personal current transfer receipts as well as expanded industrial detail for compensation and earning for 108 industries to its Local Area Personal Income (LAPI) p

Personal income increased 0.5 percent in March after increasing 0.4 percent in February. Wages and salaries, the largest component of personal income, increased 0.6 percent after increasing 0.3 percent.

 Real gross domestic product (GDP) increased 0.1 percent in the first quarter of 2014, according to the “advance” estimate released today by the Bureau of Economic Analysis. In the fourth quarter of 2013, the growth rate was 2.6 percent.

The Bureau of Economic Analysis released today – for the first time – gross domestic product (GDP) by industry for 22 industry sectors on a quarterly basis. These new statistics fill an important gap in U.S.

This week, the Commerce Department’s Bureau of Economic Analysis (BEA) released two new data products that will help American businesses, consumers, policymakers and academia gain important information about the performance of the U.S. economy.

Guest blog post by Jack Kleinhenz, Ph.D., Chief Economist, National Retail Federation

Today, the U.S. Bureau of Economic Analysis released real, price-adjusted estimates of personal income for states and metropolitan areas for 2008-2012. The price-adjustments are based on regional price parities (RPPs) and on BEA’s national Personal Consumption Expenditure (PCE) price index.

Today, the U.S. Bureau of Economic Analysis released real, price-adjusted estimates of personal income for states and metropolitan areas for 2008-2012. The price-adjustments are based on regional price parities (RPPs) and on BEA’s national Personal Consumption Expenditure (PCE) price index.

Want to know how much manufacturing contributed to U.S. economic growth in a given quarter? How about educational services?

The Bureau of Economic Analysis will soon release real personal income statistics using regional price indexes to adjust BEA’s personal income data for differences in the cost of living across states and metro areas.

The U.S. monthly international trade deficit increased in February 2014 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $39.3 billion in January (revised) to $42.3 billion in February as exports decreased and imports increased.

Personal income increased 0.3 percent in February, the same as in January. Wages and salaries, the largest component of personal income, increased 0.2 percent after increasing 0.3 percent.