Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2017

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.

Local Area Personal Income: 2018

In 2018, personal income increased in 3,019 counties, decreased in 91, and was unchanged in 3, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA).

Gross Domestic Product (GDP) by State: Second Quarter 2019

Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the second quarter of 2019. The percent change in real GDP in the second quarter ranged from 4.7 percent in Texas to 0.5 percent in Hawaii.

Northern Mariana Islands GDP Decreases in 2018

The estimates of gross domestic product (GDP) for the Commonwealth of the Northern Mariana Islands (CNMI) show that real GDP—GDP adjusted to remove price changes—decreased 19.6 percent in 2018 after increasing 25.5 percent in 2017.  For comparison, real GDP for the United States (excluding the te

September 2019 Trade Gap is $52.5 Billion

The U.S. monthly international trade deficit decreased in September 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.0 billion in August (revised) to $52.5 billion in September, as imports decreased more than exports.

Real Disposable Personal Income Rises in September

Personal income increased 0.3 percent in September after increasing 0.5 percent in August. Wages and salaries, the largest component of personal income, showed no change in September after increasing 0.6 percent in August.

GDP Increases in Third Quarter

Real gross domestic product (GDP) increased 1.9 percent in the third quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.0 percent.

Gross Domestic Product by Industry: Second Quarter 2019

Professional, scientific, and technical services; real estate and rental and leasing; and mining were the leading contributors to the increase in U.S. economic growth in the second quarter of 2019.

Prototype Economic Statistics for Puerto Rico Now Available

Today, the Bureau of Economic Analysis released prototype statistics for personal consumption expenditures, private fixed investment, and net exports of goods for Puerto Rico. These annual statistics cover the time period from 2012 to 2017.

Guam GDP Decreases 0.3 Percent in 2018

The estimates of GDP for Guam show that real GDP—GDP adjusted to remove price changes—decreased 0.3 percent in 2018 after increasing 0.2 percent in 2017.

August 2019 Trade Gap is $54.9 Billion

The U.S. monthly international trade deficit increased in August 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $54.0 billion in July (revised) to $54.9 billion in August, as imports increased more than exports.

Personal Consumption Expenditures by State, 2018

State personal consumption expenditures (PCE) increased 5.1 percent in 2018, an acceleration from the 4.4 percent increase in 2017. The percent change in PCE across all states ranged from 7.3 percent in Utah to 3.6 percent in West Virginia.