Comprehensive Update of Industry Accounts Now Available

The U.S. Bureau of Economic Analysis has released a comprehensive update of its industry statistics, including improvements that reflect the evolving U.S. economy, update the benchmark year, and provide more detailed annual and quarterly data.

Real Consumer Spending Rises in October

Personal income increased 0.5 percent in October after increasing 0.2 percent in September. Wages and salaries, the largest component of personal income, increased 0.3 percent in October, the same increase as in September.

GDP Increases in Third Quarter

Real gross domestic product (GDP) increased 3.5 percent in the third quarter of 2018, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was unrevised from the “advance” estimate released in October.

A Detailed Look at Services Supplied to and Received From Foreigners

Looking for the most-up-to-date detailed information on services supplied to and received from foreigners?

Local Area Personal Income: 2017

Personal income increased in 2,787 counties, decreased in 318, and was unchanged in 8 in 2017. Personal income increased 4.5 percent in the metropolitan portion of the United States and increased 3.2 percent in the nonmetropolitan portion in 2017.

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

Real gross domestic product increased in all 50 states and the District of Columbia in the second quarter of 2018. The percent change in real GDP in the second quarter ranged from 6.0 percent in Texas to 2.5 percent in Delaware.

Guam GDP Increases in 2017

The estimates of GDP for Guam show that real GDP—GDP adjusted to remove price changes—increased 0.2 percent in 2017 after increasing 0.3 percent in 2016.

Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2016

Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.1 million workers (preliminary) in the United States in 2016, a 3.9 percent increase from 6.8 million (revised) in 2015, according to the Bureau of Economic Analysis.

Changes to BEA's Regional Data Tables Improve Consistency

The Bureau of Economic Analysis made changes today to some of our tables showing data about states, counties, metro areas, and other local areas. The changes make the presentation of data more consistent across BEA’s regional tables.

September 2018 Trade Gap is $54.0 Billion

The U.S. monthly international trade deficit increased in September 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $53.3 billion in August (revised) to $54.0 billion in September, as imports increased more than exports.

Gross Domestic Product by Industry: Second Quarter 2018

Information; real estate and rental and leasing; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the second quarter of 2018.

GDP Statistics for U.S. Counties Coming Dec. 12

For the first time, the Bureau of Economic Analysis is measuring the gross domestic product of the more than 3,000 counties in the United States. Prototype GDP statistics for each county will be published on our website Dec. 12.