Perspective from the BEA Accounts

BEA produces some of the most closely watched economic statistics that influence decisions of government officials, business people, and individuals. These statistics provide a comprehensive, up-to-date picture of the U.S. economy. The data on this page are drawn from featured BEA economic accounts.

National Economic Accounts

Gross Domestic Product, First Quarter 2019 (Advance Estimate)

1st quarter 2019:
3.2 percent
4th quarter 2018:
2.2 percent

Real gross domestic product (GDP) increased 3.2 percent in the first quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent.

Current Release
  • Current Release: April 26, 2019
  • Next Release: May 30, 2019

Personal Income and Outlays, March 2019

March 2019:
+0.1 percent (personal income)
February 2019:
+0.2 percent (personal income)

Personal income increased 0.1 percent in March after increasing 0.2 percent in February. Wages and salaries, the largest component of personal income, increased 0.4 percent in March after increasing 0.3 percent in February.

Current Release
  • Current Release: April 29, 2019
  • Next Release: May 31, 2019
 

Industry Economic Accounts

Gross Domestic Product by Industry: Fourth Quarter and Annual 2018

Wholesale trade; mining; and information were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2018. Overall, 15 of 22 industry groups contributed to the 2.2 percent increase in real GDP in the fourth quarter.

Current Release
  • Current Release: April 19, 2019
  • Next Release: July 19, 2019

International Economic Accounts

U.S. International Transactions, 4th quarter and Year 2018

4th quarter 2018:
-$134.4 billion
3rd quarter 2018:
-$126.6 billion
Annual 2018:
-$488.5 billion
Annual 2017
-$449.1 billion

The U.S. current-account deficit increased to $134.4 billion (preliminary) in the fourth quarter of 2018 from $126.6 billion (revised) in the third quarter of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.6 percent of current-dollar gross domestic product (GDP) in the fourth quarter, up from 2.5 percent in the third quarter. The previously published current-account deficit for the third quarter was $124.8 billion.

Current Release
  • Current Release: March 27, 2019
  • Next Release: June 20, 2019

U.S. Net International Investment Position, Fourth Quarter and Year 2018

End of 4th quarter 2018:
-$9,717.1 billion
End of 3rd quarter 2018:
-$9,634.8 billion
End of year 2018:
-$9,717.1 billion
End of year 2017:
-$7,725.0 billion

The U.S. net international investment position decreased to -$9,717.1 billion (preliminary) at the end of the fourth quarter of 2018 from -$9,634.8 billion (revised) at the end of the third quarter, according to statistics released by the Bureau of Economic Analysis (BEA).

Current Release
  • Current Release: March 29, 2019
  • Next release: June 26, 2019
 

U.S. International Trade in Goods and Services, March 2019

March 2019:
-$50.0 billion
February 2019:
-$49.3 billion

The U.S. monthly international trade deficit increased in March 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $49.3 billion in February (revised) to $50.0 billion in March, as imports increased more than exports. The previously published February deficit was $49.4 billion. The goods deficit increased $0.5 billion in March to $72.4 billion. The services surplus decreased $0.2 billion in March to $22.4 billion.

Current Release
  • Current Release: May 9, 2019
  • Next release: June 6, 2019

New Foreign Direct Investment in the United States: 2017

New Investment by Foreign Direct Investors:
$259.6 billion (preliminary)

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $259.6 billion (preliminary) in 2017. Expenditures were down 32 percent from $379.7 billion (revised) in 2016 and were below the annual average of $359.9 billion for 2014-2016. As in previous years, acquisitions of existing businesses accounted for a large majority of total expenditures.

Current Release
  • Current release: July 11, 2018
  • Next release: July 2019
 

Regional Economic Accounts

Gross Domestic Product by State: Fourth Quarter and Annual 2018

Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the fourth quarter of 2018. The percent change in real GDP in the fourth quarter ranged from 6.6 percent in Texas to 0.0 percent in Delaware.

Current Release
  • Current Release: May 1, 2019
  • Next Release: July 25, 2019

Gross Domestic Product by Metropolitan Area, 2017

Real gross domestic product (GDP) increased in 312 out of 383 metropolitan areas in 2017. The percent change in real GDP by metropolitan area ranged from 12.1 percent in Odessa, TX to -7.8 percent in Enid, OK.

Current Release
  • Current Release: September 18, 2018
  • Next Release: December, 2019

State Quarterly Personal Income, 4th quarter 2018 and State Annual Personal Income, 2018 (preliminary)

State personal income increased 4.5 percent in 2018, after increasing 4.4 percent in 2017. In 2018, personal income increased in all states and the District of Columbia. The percent change in personal income across all states ranged from 6.8 percent in Washington to 2.9 percent in Hawaii.

Current Release
  • Current Release: March 26, 2019
  • Next Release: June 25, 2019

Real Personal Income for States and Metropolitan Areas, 2017

Real state personal income grew 2.6 percent in 2017, after increasing 1.5 percent in 2016, according to estimates released today by the Bureau of Economic Analysis. Real state personal income is a state's current-dollar personal income adjusted by the state's regional price parity and the national personal consumption expenditures price index. The percent change in real state personal income ranged from 4.5 percent in New York to -1.3 percent in North Dakota. Across metropolitan areas, the percent change ranged from 14.8 percent in Midland, MI to -5.9 percent in Enid, OK.

Current Release
  • Current Release: May 16, 2019
  • Next release: May, 2020

Personal Consumption Expenditures by State, 2017

Average State PCE Growth (2017)
4.3%

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.

Current Release
  • Current Release: October 4, 2018
  • Next release: October 3, 2019