November 19, 2025

Split U.S. International Trade in Goods and Services, August 2025 and Services Supplied Through Affiliates, 2023

U.S. International Trade in Goods and Services, August 2025

The U.S. goods and services trade deficit decreased in August 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $78.2 billion in July (revised) to $59.6 billion in August, as exports increased and imports decreased. The goods deficit decreased $18.1 billion in August to $85.6 billion. The services surplus increased $0.5 billion in August to $26.1 billion.

Services Supplied Through Affiliates, 2023

For 2024, U.S. exports of services were $1,152.7 billion, and U.S. imports of services were $840.9 billion. For 2023—the latest year for which statistics are available—services supplied to foreign persons through foreign affiliates of U.S. multinational enterprises (MNEs) were $2,201.8 billion, and services supplied to U.S. persons through U.S. affiliates of foreign MNEs were $1,586.6 billion. Affiliates supplied most of the services provided to foreign persons by the United States and to U.S. persons by foreign markets in 2023.

Principal Federal Economic Indicators

Gross Domestic Product
Q2 2025 (3rd)
+3.8%
Personal Income
August 2025
+0.4%
International Trade in Goods and Services
August 2025
-$59.6 B
International Transactions
Q2 2025
-$251.3 B

Noteworthy

The Latest

Vipin Arora Named New BEA Director

| The BEA Wire

Vipin Arora was named the new Director of the Bureau of Economic Analysis, bringing decades of economic experience to the post. His new status is effective immediately.

Before joining BEA, Dr. Arora was acting Deputy Assistant Director of the Social, Behavioral and Economic Sciences Directorate at the National Science Foundation (NSF). He also served as Deputy Director of the NSF’s National Center for Science and Engineering…

Personal Income and Outlays, October 2022

| The BEA Wire

Personal income increased $155.3 billion, or 0.7 percent at a monthly rate, while consumer spending increased $147.9 billion, or 0.8 percent, in October. The increase in personal income primarily reflected increases in compensation and personal current transfer receipts. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 2.3 percent in October, compared with 2.4 percent in September.

Personal Income and Outlays, October 2022

| News Release

Personal income increased $155.3 billion, or 0.7 percent at a monthly rate, while consumer spending increased $147.9 billion, or 0.8 percent, in October. The increase in personal income primarily reflected increases in compensation and personal current transfer receipts. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 2.3 percent in October, compared with 2.4 percent in September.

Gross Domestic Product (Second Estimate) Corporate Profits (Preliminary Estimate) Third Quarter 2022

| The BEA Wire

Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the third quarter of 2022, in contrast to a decrease of 0.6 percent in the second quarter. The increase in the third quarter primarily reflected increases in exports and consumer spending that were partly offset by a decrease in housing investment.

Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), Third Quarter 2022

| News Release

Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the third quarter of 2022, in contrast to a decrease of 0.6 percent in the second quarter. The increase in the third quarter primarily reflected increases in exports and consumer spending that were partly offset by a decrease in housing investment. Profits decreased 1.1 percent at a quarterly rate in the third quarter after increasing 4.6 percent in the second…

Activities of U.S. Multinational Enterprises, 2020

| The BEA Wire

Worldwide employment by U.S. multinational enterprises (MNEs) decreased 1.8 percent to 42.4 million workers in 2020 from 43.2 million workers in 2019.

Activities of U.S. Multinational Enterprises, 2020

| News Release

Worldwide employment by U.S. multinational enterprises (MNEs) decreased 1.8 percent to 42.4 million workers in 2020 (preliminary) from 43.2 million workers in 2019 (revised), according to statistics released today by the U.S. Bureau of Economic Analysis (BEA) on the operations and finances of U.S. parent companies and their foreign affiliates.

Personal Income by County and Metropolitan Area, 2021

| The BEA Wire

In 2021, personal income increased in 3,075 counties, decreased in 36, and was unchanged in 3. Personal income increased 7.4 percent in the metropolitan portion of the United States and 7.7 percent in the nonmetropolitan portion.

Personal Income by County and Metropolitan Area, 2021

| News Release

In 2021, personal income increased in 3,075 counties, decreased in 36, and was unchanged in 3. Personal income increased 7.4 percent in the metropolitan portion of the United States and 7.7 percent in the nonmetropolitan portion.

Outdoor Recreation Satellite Account, U.S. and States, 2021

| The BEA Wire

The outdoor recreation economy accounted for 1.9 percent ($454.0 billion) of current-dollar gross domestic product (GDP) for the nation in 2021. At the state level, outdoor recreation value added as a share of GDP ranged from 4.8 percent in Hawaii to 1.3 percent in New York and Connecticut. The share was 0.9 percent in the District of Columbia.