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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
  • 4th quarter 2016: 1.9 percent
  • 3rd quarter 2016: 3.5 percent
Next release: March 31, 2017
Quarterly data: Real gross domestic product (GDP) increased at an annual rate of 1.9 percent in the fourth quarter of 2016 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.5 percent.
Personal Income
Current Numbers
  • January 2017: 0.4 percent (personal income)
  • December 2016: 0.3 percent (personal income)
Next release: March 31, 2017
Monthly data: In January 2017, real disposable personal income decreased 0.2 percent.

Industry Economic Accounts

Quarterly Industry Accounts: GDP by Industry
Quarterly Data: Finance and insurance; wholesale trade; and information services were the leading contributors to the increase in U.S. economic growth in the third quarter of 2016. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 20 of 22 industry groups contributed to the overall 3.5 percent increase in real GDP in the third quarter.

International Economic Accounts

U.S. Balance of Payments (International Transactions)
Current Account Balance:
  • 4th quarter 2016: -$112.4 billion
  • 3rd quarter 2016: -$116.0 billion
  • Annual 2016: -$481.2 billion
  • Annual 2015: -$463.0 billion
Next release: June 20, 2017
Quarterly data: The U.S. current-account deficit decreased $3.6 billion to $112.4 billion (preliminary) in the fourth quarter of 2016. For the year 2016, the current-account deficit increased $18.2 billion to $481.2 billion (preliminary).
Quarterly Data
Quarterly Data Graph of U.S. Current-Account Transactions
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Annual Data
Quarterly Data Graph of U.S. Current-Account Transactions
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International Investment Position
Net International Investment Position at End of Period:
  • End of 3rd quarter 2016: -$7,781.1 billion
  • End of 2nd quarter 2016: -$8,026.9 billion
Next release: March 29, 2017
Quarterly data: The U.S. net international investment position increased to -$7,781.1 billion (preliminary) at the end of the third quarter of 2016 from -$8,026.9 billion (revised) at the end of the second quarter, 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
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International Trade in Goods and Services
Trade Balance:
  • January 2017: -$48.5 billion
  • December 2016: -$44.3 billion
Next release: April 4, 2017
Monthly: Total January exports of $192.1 billion and imports of $240.6 billion resulted in a goods and services deficit of $48.5 billion.
Monthly Data
Monthly Graph of Balance on Goods and Services Trade
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Annual Data
Annual Graph of Balance on Goods and Services Trade
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New Foreign Direct Investment in the United States
Annual Data: Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $420.7 billion in 2015, an increase of 68 percent from 2014, when expenditures were $250.6 billion. In 2015, as in 2014, the majority of the expenditures were to acquire existing businesses. In 2015, expenditures for acquisitions were $408.1 billion. Expenditures to establish new U.S. businesses were $11.2 billion, and expenditures to expand existing foreign-owned businesses were $1.4 billion. Planned total expenditures, which include both actual and planned future expenditures, totaled $439.2 billion.
Annual Data
New Foreign Direct Investment in the United States
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Regional Economic Accounts

Gross Domestic Product (GDP) by State
Next release: May 11, 2017
Quarterly Data: Real gross domestic product (GDP) increased in 48 states and the District of Columbia in the third quarter of 2016, according to statistics on the geographic breakout of GDP released today by the U.S. Bureau of Economic Analysis. Real GDP by state growth ranged from 7.1 percent in South Dakota to -0.1 percent in New Mexico. Finance and insurance; wholesale trade; and information were the leading contributors to U.S. economic growth in the third quarter.
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: March 28, 2017
Quarterly data: State personal income growth decelerated to 1.1 percent on average in the third quarter of 2016 from 1.2 percent in the second quarter. Personal income grew in every state in the second-quarter with growth rates ranging from 0.4 percent in Oklahoma to 1.4 percent in South Dakota.
Quarterly Data
Map of Quarterly State Personal Income
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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
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Real Personal Income for States and Metropolitan Areas
State and Metropolitan area data: Real personal income across all regions rose by an average of 2.9 percent in 2014. This growth rate reflects the year-over-year change in nominal personal income across all regions adjusted by the change in the national personal consumption expenditures (PCE) price index. On a nominal basis, personal income across all regions grew an average of 4.4 percent in 2014. In 2014, the U.S. PCE price index grew 1.4 percent.
State and Metropolitan Area DataMap of State and Metropolitan Area Data
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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.