GDP Increases in Fourth Quarter

Real gross domestic product (GDP) increased 2.6 percent in the fourth quarter of 2018, according to the “initial” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent.

Fourth-quarter GDP highlights
The increase…

New Dates Set for Three Monthly Trade Reports

New release dates are now set for a trio of monthly trade reports impacted by the effects of the recent lapse in federal funding.

New Dates for International Transactions, International Investment Position

Bureau of Economic Analysis data on international trade and investment, as well as the United States' international investment position, will be released a few days later in March than originally scheduled, due to the effects of the recent lapse in federal funding.

Gross Domestic Product (GDP) by State: Third Quarter 2018

  • Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the third quarter of 2018. The percent change in real GDP in the third quarter ranged from 5.8 percent in Washington to 0.0 percent in West Virginia.
     
  • Wholesale trade, information…

Wholesale Trade Led Growth in the Third Quarter

Wholesale trade; information; and finance and insurance were the leading contributors to the increase in U.S. economic growth in the third quarter of 2018. Overall, 19 of 22 industry groups contributed to the 3.4 percent increase in real GDP in the third quarter.

New Dates Set for GDP, Personal Income, and International Trade

Bureau of Economic Analysis data on U.S. gross domestic product, personal income and outlays, and international trade in goods and services that were delayed by the recent lapse in federal funding will be released in late February and early March.

November 2018 Trade Gap is $49.3 Billion

The U.S. monthly international trade deficit decreased in November 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.7 billion in October (revised) to $49.3 billion in November, as imports decreased more than exports. The previously…

New Data About Foreign Investment in States, Local Areas

New research statistics about foreign direct investment in states, metro areas, and counties are available through a cooperative effort between the Bureau of Economic Analysis and the U.S. Bureau of Labor Statistics.

BEA and BLS combined their data to provide information about each state…

U.S. Net International Investment Position Third Quarter 2018

The U.S. net international investment position decreased to −$9,627.2 billion (preliminary) at the end of the third quarter of 2018 from −$8,845.1 billion (revised) at the end of the second quarter. The $782.1 billion decrease reflected net financial transactions of −$24.6 billion and net other…

New Dates Set for Some Delayed Releases

Bureau of Economic Analysis reports on the U.S. international investment position, trade in goods and services, state economies, and industry economics that were delayed by the recent lapse in federal funding will be released in February.

The new release dates:

BEA Economic Reports Delayed

Bureau of Economic Analysis reports scheduled for this week and next will be delayed because of the effects of the partial government shutdown.

Those reports are:

Real Consumer Spending Rises in November

Personal income increased 0.2 percent in November after increasing 0.5 percent in October. Wages and salaries, the largest component of personal income, increased 0.2 percent in November after increasing 0.4 percent in October.