Personal Income Increases in October

Personal income increased 0.4 percent in October, after increasing 0.2 percent in September. Wages and salaries, the largest component of personal income increased 0.6 percent in October after remaining flat in September.

GDP Growth Rate Revised Up

Real gross domestic product (GDP) increased 2.1 percent in the third quarter of 2015, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was revised up 0.6 percentage point from the “advance” estimate released in October.

BEA's New and Existing Statistics Offer Economic Intel for Entrepreneurs and Business Community

What are consumer spending patterns in California compared to New York? Which states are attracting new foreign investment?  How are different industries in each state performing on a quarterly basis?

BEA to Release New Statistics Detailing New Foreign Direct Investment in the United States on Nov. 30

WASHINGTON – New statistics detailing the amount and type of new direct investment made in the United States by foreign investors will be released by the Bureau of Economic Analysis on Monday, Nov. 30.

Local Area Personal Income: 2014

Personal income grew in 2014 in 2,662 counties, fell in 438, and was unchanged in 13. On average, personal income rose 4.6 percent in 2014 in the metropolitan portion of the United States and rose 3.2 percent in the nonmetropolitan portion.

Statistics on the Activities of U.S. Affiliates of Foreign Multinational Enterprises Now Available for 2013; Updated Data Available for 2012

Statistics detailing the activities of U.S. affiliates of foreign multinational enterprises (MNEs) are now available from the U.S.

Announcing the Commerce Data Service

The Department of Commerce provides valuable services and data products that fuel the modern technology services Americans rely on every day.

Industry in Focus: Finance and Insurance and More

This quarter, Industry in Focus is actually Industries in Focus.

Finance and Insurance Led Growth in the Second Quarter: Gross Domestic Product by Industry

Finance and insurance; professional, scientific, and technical services; and wholesale trade were the leading contributors to the increase in U.S. economic growth in the second quarter of 2015.

September 2015 Trade Gap is $40.8 Billion

The U.S. monthly international trade deficit decreased in September 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $48.0 billion in August (revised) to $40.8 billion in September, as exports increased and imports decreased.

Real Consumer Spending Increases in September

Personal income increased 0.1 percent in September, after increasing 0.4 percent in August. Wages and salaries, the largest component of personal income, remained flat in September after rising 0.5 percent in August.

GDP Increases in Third Quarter

Real gross domestic product (GDP) increased 1.5 percent in the third quarter of 2015, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.9 percent.