Real GDP increased 1.2 percent after increasing 0.8 percent in the first quarter of 2016. The second-quarter increase was more than accounted for by an increase in consumer spending. Exports also increased.
The current-dollar value added of these foreign multinational enterprises increased 3.2 percent in 2014 after increasing 6.3 percent in 2013. Employment increased 3.1 percent after increasing 5.0 percent.
Spending by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $420.7 billion in 2015, compared with $250.6 billion in 2014. Employment at these businesses was 422,200, compared with 734,000 in 2014.
A presentation of price-adjusted estimates of personal income. The price adjustments are based partly on regional price parities, which measure differences in price levels across states and metropolitan areas relative to the national price level.