Personal Income and Outlays, January 2023

Personal income increased $131.1 billion, or 0.6 percent at a monthly rate, while consumer spending increased $312.5 billion, or 1.8 percent, in January. The increase in personal income primarily reflected an increase in compensation.

Gross Domestic Product, Fourth Quarter 2022 and Year 2022

Real gross domestic product (GDP) increased at an annual rate of 2.7 percent in the fourth quarter of 2022, after increasing 3.2 percent in the third quarter.

Coming Soon: A Closer Look at the Mix of Global and Domestic Content in U.S. Exports

BEA is expanding its prototype statistics that provide a more complete and nuanced understanding of U.S. exports. Watch for an update and expansion of the statistics known as trade in value added, or TiVA, coming in March.

New Platform Helps Researchers Apply to Use BEA Microdata

Researchers interested in using BEA’s confidential microdata now have new resources for discovering the data and applying for access for their research projects.

New Health Care Statistics for First Year of COVID-19 Pandemic

The Bureau of Economic Analysis today released estimates for 2020 that measure health care spending by medical condition.

2022 Trade Gap is $948.1 Billion

The U.S. international trade deficit increased in 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $845.0 billion in 2021 to $948.1 billion in 2022, as imports increased more than exports.

December 2022 Trade Gap is $67.4 Billion

The U.S. monthly international trade deficit increased in December 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $61.0 billion in November (revised) to $67.4 billion in December, as imports increased and exports decreased.

Gross Domestic Product for the Commonwealth of the Northern Mariana Islands, 2020

Real gross domestic product (GDP) for the Commonwealth of the Northern Mariana Islands decreased 29.7 percent in 2020, after decreasing 11.3 percent in 2019, according to statistics released today by the U.S. Bureau of Economic Analysis.

Personal Income and Outlays, December 2022

Personal income increased $49.5 billion, or 0.2 percent at a monthly rate, while consumer spending decreased $41.6 billion, or 0.2 percent, in December. The increase in personal income primarily reflected increases in compensation and proprietors’ income.

Gross Domestic Product, Fourth Quarter 2022 and Year 2022 (Advance Estimate)

Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2022, after increasing 3.2 percent in the third quarter.

Survey of Current Business Begins Rolling Schedule, New Website

BEA’s journal of record, the Survey of Current Business, is starting 2023 by publishing articles more quickly, with a new website that makes content easier to find.

November 2022 Trade Gap is $61.5 Billion

The U.S. monthly international trade deficit decreased in November 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $77.8 billion in October (revised) to $61.5 billion in November, as imports decreased more than exports.