Bureau of Economic Analysis

Real gross domestic product (GDP) increased in 2,375 counties, decreased in 717, and was unchanged in 21 in 2018, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). The percentage change in real GDP ranged from 86.5 percent in Jackson County, WV, to -44.0 percent in Grant County, ND. In 2020, data for counties and metropolitan areas will be contained in a news release called Gross Domestic Product by County…

By Teryn Zmuda, Director of Research and Data Analytics at the National Association of Counties.

A new county economic measure will be released this week, providing an in-depth and detailed look into county economies — allowing county leaders to identify areas of strength and opportunity within the county lines. The measure is a county-level estimate of gross domestic product, or GDP, which will be released by the Bureau of Economic Analysis…

The U.S. monthly international trade deficit decreased in October 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.1 billion in September (revised) to $47.2 billion in October, as imports decreased more than exports. The previously published September deficit was $52.5 billion. The goods deficit decreased $3.7 billion in October to $68.0 billion. The services surplus increased $…

The U.S. monthly international trade deficit decreased in October 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.1 billion in September (revised) to $47.2 billion in October, as imports decreased more than exports. The previously published September deficit was $52.5 billion. The goods deficit decreased $3.7 billion in October to $68.0 billion. The services surplus increased $0.2…

Personal income showed virtually no change in October after increasing 0.3 percent in September. Wages and salaries, the largest component of personal income, increased 0.4 percent in October after increasing 0.1 percent in September.

Personal income showed virtually no change in October after increasing 0.3 percent in September. Wages and salaries, the largest component of personal income, increased 0.4 percent in October after increasing 0.1 percent in September.

Real gross domestic product (GDP) increased 2.1 percent in the third quarter of 2019, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.2 percentage point higher than the “advance” estimate released in October. In the second quarter, real GDP rose 2.0 percent.

Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the third quarter of 2019, according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.0 percent. Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) increased $4.6 billion in the third quarter, compared with an increase of $75.8…

The size of every county’s economy with industry detail will be officially released for the first time by the U.S. Bureau of Economic Analysis on Dec. 12.  

BEA will estimate annual gross domestic product, or GDP, for the years 2001 through 2018 for more than 3,000 counties. The data will include contributions to GDP by 34 industries, such as manufacturing, retail trade, and health and social assistance.

Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.4 million workers in the United States in 2017, a 2.8 percent increase from 7.2 million in 2016, according to the Bureau of Economic Analysis.