Travel and Tourism Spending Accelerated in 4th Quarter 2012

Real Tourism Spending.  Real spending on “traveler accommodations” accelerated, increasing 9.4 percent in the fourth quarter of 2012 after increasing 5.3 percent in the third quarter.  Real spending on “food services and drinking places” also accelerated, increasing 8.6 percent i

U.S. Current-Account Deficit Increases in 2012

The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—increased to $475.0 billion (preliminary) in 2012 from $465.9 billion in 2011. As a percentage of U.S.

U.S. Current-Account Deficit Decreases in Fourth Quarter 2012

The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—decreased to $110.4 billion (preliminary) in the fourth quarter of 2012 from $112.4 billion (revised) in the third quarter of 2012. As a percentage of U.S.

January 2013 Trade Gap is $44.4 Billion

The U.S. monthly international trade deficit increased in January 2013, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $38.1 billion (revised) in December to $44.4 billion in January, as imports increased and exports decreased.

Real Disposable Personal Income Falls in January

Personal income decreased 3.6 percent in January after increasing 2.6 percent in December, reflecting accelerated bonus payments and dividend distributions in December in anticipation of income tax rate changes.

GDP Growth Slows in Fourth Quarter

Real gross domestic product (GDP) increased 0.1 percent in the fourth quarter of 2012 after increasing 3.1 percent in the third quarter, according to estimates released by the Bureau of Economic Analysis.

Growth Continues Across the Nation's Metropolitan Areas

Metropolitan areas accounted for nearly 90 percent of national current-dollar gross domestic product (GDP). The ten largest metropolitan areas accounted for 38 percent of national GDP in 2011, while the smallest 79 metropolitan areas accounted for 2 percent of national GDP.

Tracking Global Investment: Who Owns What—and Where

How much does the United States own abroad? And how does that stack up against what foreign investors own in this country?

December 2012 Trade Gap is $38.5 Billion

The U.S. monthly international trade deficit decreased in December 2012, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $48.6 billion (revised) in November to $38.5 billion in December, as exports increased and imports decreased.

Personal Income Rises in December

Personal income increased 2.6 percent in December after increasing 1.0 percent in November. Accelerated bonus payments of $30 billion (at an annual rate) in December and $15 billion in November boosted wages and salaries.

Personal Income Rises in December

Personal income increased 2.6 percent in December after increasing 1.0 percent in November. Accelerated bonus payments of $30 billion (at an annual rate) in December and $15 billion in November boosted wages and salaries.

GDP Declines Slightly in Fourth Quarter

Real gross domestic product (GDP) decreased 0.1 percent in the fourth quarter of 2013 after increasing 3.1 percent in the third quarter, according to estimates released today by the Bureau of Economic Analysis.