The BEA Wire | BEA's Official Blog

The Economics and Statistics Administration’s family of statistical agencies – the Bureau of Economic Analysis (BEA) and U.S.

The U.S. monthly international trade deficit decreased in February 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $42.7 billion in January (revised) to $35.4 billion in February, as imports decreased more than exports.

The Census Bureau’s plans to produce an advance monthly report on international trade in goods will allow the Bureau of Economic Analysis to incorporate three months of official trade data into its first estimate of quarterly Gross Domestic Product, helping to improve the accuracy of this major e

The U.S. net international investment position was -$6,915.3 billion (preliminary) at the end of the fourth quarter of 2014 as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the third quarter, the net position was -$6,129.4 billion (revised).

The U.S. net international investment position was -$6,915.3 billion (preliminary) at the end of 2014 as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of 2013, the net position was -$5,383.0 billion.

Personal income rose 0.4 percent in February, the same increase as in January. Wages and salaries, the largest component of personal income, rose 0.3 percent in February after rising 0.6 percent in January.

Real gross domestic product (GDP) increased 2.2 percent in the fourth quarter of 2014, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was the same in the “second” estimate released in February.

State personal income grew 1.0 percent on average in the fourth quarter of 2014, the same average growth rate as in the third quarter. The acceleration in personal income growth in Florida, Texas, and 30 other states was offset by a slowdown in 15 states, including California and New York.

Average state personal income growth accelerated to 3.9 percent in 2014 from 2.0 percent in 2013.

The U.S.

Real spending on travel and tourism accelerated in the fourth quarter of 2014, increasing at an annual rate of 4.5 percent after increasing 3.4 percent (revised) in the third quarter.  By comparison, real gross domestic product (GDP) decelerated, increasing 2.2 percent (second estimate) in t

Thanks to a new set of BEA data, you can now find out how the economic recovery that began in the summer of 2009 is affecting America’s industries each quarter.