Gross Domestic Product by Industry, Second Quarter 2019 and Annual Update

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Professional, scientific, and technical services; real estate and rental and leasing; and mining were the leading contributors to the increase in U.S. economic growth in the second quarter of 2019, according to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis. The private goods- and services-producing industries, as well as the government sector, contributed to the increase. Overall, 14 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the second quarter. Full Text

Published October 29, 2019 at 08:30PM
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Prototype Economic Statistics for Puerto Rico, 2012-2017

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The Bureau of Economic Analysis (BEA) released for the first time prototype statistics for consumer spending, business investment, and trade in goods for Puerto Rico. These new economic data lay the groundwork for BEA to estimate the island's GDP. Currently, the annual statistics cover the time period from 2012 to 2017 and can be used to better gauge the performance of the Puerto Rico economy over that period. Full Text

Published October 16, 2019 at 04:00AM
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Gross Domestic Product for Guam, 2018

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The estimates of GDP for Guam show that real GDP-GDP adjusted to remove price changes-decreased 0.3 percent in 2018 after increasing 0.2 percent in 2017. For comparison, real GDP for the United States (excluding the territories) increased 2.9 percent in 2018 after increasing 2.4 percent in 2017. Full Text

Published October 09, 2019 at 02:00PM
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U.S. International Trade in Goods and Services, August 2019

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The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $54.9 billion in August, up $0.9 billion from $54.0 billion in July, revised. August exports were $207.9 billion, $0.5 billion more than July exports. August imports were $262.8 billion, $1.3 billion more than July imports. Full Text

Published October 04, 2019 at 08:30PM
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