June 2024 Trade Gap is $73.1 Billion

The U.S. goods and services trade deficit decreased from $75.0 billion in May (revised) to $73.1 billion in June, as exports increased more than imports. The goods deficit decreased $2.5 billion to $97.4 billion, and the services surplus decreased $0.6 billion to $24.2 billion. 

BEA: Taking Economic Statistics Personally Since 1938

A blog from BEA Director Vipin Arora

When I hear the phrase “personal income,” I think abo

Gross Domestic Product for Puerto Rico, 2022

Real gross domestic product (GDP) for Puerto Rico decreased 2.5 percent in 2022 after increasing 4.1 percent in 2021, according to statistics released today by the U.S. Bureau of Economic Analysis

Producto interior bruto para Puerto Rico, 2022

El producto interior bruto real (PIB) para Puerto Rico decreció 2.5 por ciento en 2022, luego de crecer 4.1 por ciento en 2021, de acuerdo con las estadísticas difundidas hoy por el Negociado de Análisis Económico de EE. UU. (BEA por sus siglas en inglés).

Personal Income and Outlays, June 2024

Personal income increased $50.4 billion (0.2 percent at a monthly rate) in June. Disposable personal income (DPI)—personal income less personal current taxes—increased $37.7 billion (0.2 percent).

Gross Domestic Product, Second Quarter 2024 (Advance)

Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the second quarter of 2024, according to the “advance” estimate. In the first quarter, real GDP increased 1.4 percent.

Direct Investment by Country and Industry, 2023

The U.S. direct investment abroad position, or cumulative level of investment, increased $364.0 billion to $6.68 trillion at the end of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis.

BEA Updates Regional Economic Impact Tool

BEA's economic modeling tool that helps users analyze how a proposed project would ripple through a region's economy is now updated with new benchmark data.

The Transformative Power of BEA’s Supply-Use Tables

A blog from BEA Director Vipin Arora

BEA’s supply-use tables may be the unsung hero of eco

New Foreign Direct Investment in the United States, 2023

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $148.8 billion in 2023, down $57.4 billion, or 28 percent, from $206.2 billion in 2022. 

May 2024 Trade Gap is $75.1 Billion

The U.S. goods and services trade deficit increased from $74.5 billion in April (revised) to $75.1 billion in May, as exports decreased more than imports. The goods deficit increased $0.9 billion to $100.2 billion, and the services surplus increased $0.3 billion to $25.1 billion.

Corporate Profits: BEA’s Suite of Measures Are Essential Indicators

A blog from BEA Director Vipin Arora

Every year, usually in January, I feel absolutely committed to getting a better handle on my finances. All I want to understand—not just at the end of the year, but throughout the year—is exactly what is coming in, what is going out, and what I have left over. Yet I can never seem to calculate these “personal profits,” nor how far I am from the mythical financial goals I’m supposed to have. Maybe my struggles are why I find our estimates of corporate profits at BEA so remarkable.