The U.S. current-account deficit-the combined balances on trade in goods and services, income, and net unilateral current transfers – decreased to $98.5 billion (preliminary) in the second quarter of 2014 from $102.1 billion (revised) in the first quarter of 2014. As a percentage of U.S.
The BEA Wire | BEA's Official Blog
Second Quarter 2014 Travel and Tourism Spending Data to Be Released Sept. 18
September 17, 2014
Statistics on what Americans and foreigners spent on travel and tourism in the United States in the second quarter of 2014 will be released Thursday, Sept. 18 by the Bureau of Economic Analysis (BEA).
Widespread Growth Across Metropolitan Areas
September 16, 2014
Real GDP increased in 292 of the nation’s 381 metropolitan areas in 2013, led by widespread growth in finance, insurance, real estate, rental, and leasing; nondurable-goods manufacturing; and professional and business services.
BEA to Release 2013 Metro-Area GDP Statistics Sept. 16
September 15, 2014
Statistics on the 2013 economic performance of the nation’s 381 metropolitan areas will be released Tuesday, Sept. 16 at 8:30 a.m. EDT by the U.S. Bureau of Economic Analysis (BEA).
American Samoa Economy Shrinks in 2013; Consumer Spending Grows
September 15, 2014
Estimates of gross domestic product (GDP) for American Samoa show that real GDP — adjusted to remove price changes — decreased 2.4 percent in 2013. In contrast, real GDP for the U.S. (excluding the territories) increased 2.2 percent in 2013.
Brian Moyer Named New BEA Director
September 9, 2014
Brian Moyer was named Director of the Bureau of Economic Analysis, bringing more than 20 years of experience in economic statistics to the post. His new status as Director takes effect Sept. 21.
July 2014 Trade Gap is $40.5 Billion
September 4, 2014
The U.S. monthly international trade deficit decreased in July 2014 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $40.8 billion in June (revised) to $40.5 billion in July as exports increased more than imports.
Real Consumer Spending Falls in July
August 29, 2014
Personal Income rose 0.2 percent in July after rising 0.5 percent in June. Wages and salaries, the largest component of personal income, rose 0.2 percent in July after rising 0.4 percent in June.
GDP Up in Second Quarter
August 28, 2014
Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2014, according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 2.1 percent.
New Statistics on the Activities of U.S. Multinational Enterprises are Now Available
August 27, 2014
The Bureau of Economic Analysis has released preliminary 2012 statistics on the outward activities of multinational enterprises (AMNEs). Outward AMNE statistics cover the worldwide activities of U.S.
Quarterly Gross Domestic Product by State, 2005–2013 (Prototype Statistics)
August 20, 2014
The quarterly GDP by state prototype statistics for 2005-2013 provide a more complete picture of economic growth across states as they evolve from quarter to quarter.
The quarterly GDP by state statistics are released for 21 industry sectors and are released in both current
U.S. Virgin Islands' Economy Shrinks for Third Consecutive Year
August 19, 2014
The estimates of Gross Domestic Product for the U.S. Virgin Islands show that real GDP, adjusted to remove price changes, decreased 5.4 percent in 2013. This was the third consecutive decline following decreases of 13.8 percent in 2012 and 7.5 percent in 2011.