Home > U.S. Economy at a Glance: Perspective from the BEA Accounts

U.S. Economy at a Glance:Perspective from the BEA Accounts

BEA produces some of the most closely watched economic statistics that influence decisions of government officials, business people, and individuals. These statistics provide a comprehensive, up-to-date picture of the U.S. economy. The data on this page are drawn from featured BEA economic accounts.

National Economic Accounts

Gross Domestic Product (GDP)
Current Numbers
  • 2nd quarter 2017: 2.6 percent
  • 1st quarter 2017: 1.2 percent
Next release: August 30, 2017
Quarterly data: Real gross domestic product increased at an annual rate of 2.6 percent in the second quarter of 2017 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent (revised).
Personal Income
Current Numbers
  • June 2017: 0.0 percent (personal income)
  • May 2017: 0.3 percent (personal income)
Next release: August 31, 2017
Monthly data: In June 2017, real disposable personal income decreased 0.1 percent.

Industry Economic Accounts

Quarterly Industry Accounts: GDP by Industry
Quarterly Data: Real estate and rental and leasing; mining; and durable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2017. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 13 of 22 industry groups contributed to the overall 1.4 percent increase in real GDP in the first quarter.

International Economic Accounts

U.S. Balance of Payments (International Transactions)
Errata Notice
Current Account Balance:
  • 1st quarter 2017: -$116.8 billion
  • 4th quarter 2016: -$114.0 billion
Next release: September 19, 2017
Quarterly data: The U.S. current-account deficit increased $2.8 billion to $116.8 billion (preliminary) in the first quarter of 2017.
Quarterly Data
Quarterly Data Graph of U.S. Current-Account Transactions
View Larger Image
International Investment Position
Errata Notice
Net International Investment Position at End of Period:
  • End of 1st quarter 2017: -$8,141.2 billion
  • End of 4th quarter 2016: -$8,318.4 billion
  • End of Year 2016: -$8,318.4 billion
  • End of Year 2015: -$7,493.5 billion
Next release: September 27, 2017
Quarterly data: The U.S. net international investment position increased to -$8,141.2 billion (preliminary) at the end of the first quarter of 2017 from -$8,318.4 billion (revised) at the end of the fourth quarter of 2016, according to statistics released today by the Bureau of Economic Analysis (BEA).
Quarterly Data
Graph of U.S. Net International Investment Position at End of Quarter
View Larger Image
Annual Data
Graph of U.S. Net International Investment Position at End of Year
View Larger Image
International Trade in Goods and Services
Trade Balance:
  • June 2017: -$43.6 billion
  • May 2017: -$46.4 billion
Next release: September 6, 2017
Monthly: Total June exports of $194.4 billion and imports of $238.0 billion resulted in a goods and services deficit of $43.6 billion.
Monthly Data
Monthly Graph of Balance on Goods and Services Trade
View Larger Image
New Foreign Direct Investment in the United States
Annual Data: Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $373.4 billion in 2016. Spending was down 15 percent from $439.6 billion in 2015, but was above the annual average of $350.0 billion for 2014-2015, and was well above the annual average of $226.0 billion for 2006-2008. As in previous years, expenditures to acquire existing businesses accounted for a large majority of the total.
Annual Data
New Foreign Direct Investment in the United States
View Larger Image

Regional Economic Accounts

Gross Domestic Product (GDP) by State
Next release: November 21, 2017
Quarterly Data: Real gross domestic product (GDP) increased in 43 states and the District of Columbia in the first quarter of 2017. Real GDP by state growth in the first quarter ranged from 3.9 percent in Texas to -4.0 percent in Nebraska.
Quarterly Data
Map of Quarterly Percent Change in Real Gross State Product
View Larger Image
Gross Domestic Product (GDP) by Metropolitan Area
Next release: September 2017
Annual data: Real gross domestic product (GDP) increased in 292 metropolitan areas in 2015, led by growth in professional and business services; wholesale and retail trade; and finance, insurance, real estate, rental and leasing. Collectively, real GDP for U. S. metropolitan areas increased 2.5 percent in 2015 after increasing 2.3 percent in 2014.
State Personal Income (SPI)
Next release: September 26, 2017
Quarterly data: State personal income growth accelerated to 1.0 percent on average in the first quarter of 2017 from 0.3 percent in the fourth quarter of 2016. Earnings and personal current transfer receipts were the leading contributors to growth for the nation and in most states.
Quarterly Data
Map of Quarterly State Personal Income
View Larger Image
Local Area Personal Income
Next release: November 16, 2017
Local area data: Personal income grew in 2015 in 2,552 counties, fell in 548, and was unchanged in 13. On average, personal income rose 4.7 percent in 2015 in the metropolitan portion of the United States and rose 2.7 percent in the nonmetropolitan portion. Personal income growth in 2015 ranged from -30.3 percent in Sully County, South Dakota to 35.0 percent in Loving County, Texas.
Local Area DataMap of Local Area Personal Income
View Larger Image
Real Personal Income for States and Metropolitan Areas
State and Metropolitan area data: Real state personal income grew on average 4.1 percent in 2015, after increasing 3.6 percent in 2014. Growth of real state personal income ranged from -2.3 percent in North Dakota to 7.0 percent in Delaware. Across metropolitan areas, growth ranged from -10.1 percent in Midland, TX to 9.9 percent in Carson City, NV.
State and Metropolitan Area DataMap of State and Metropolitan Area Data
View Larger Image
Personal Consumption Expenditures by State
Annual data: Growth in state personal consumption expenditures (PCE) - the measure of goods and services purchased by or on behalf of households - decelerated to 3.6 percent on average in 2015 from 4.4 percent in 2014. In 2015, PCE growth ranged from 1.5 percent in Wyoming to 5.0 percent in Florida.