U.S. International Investment Position, 4th Quarter and Year 2019

| In ,
The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$10.99 trillion at the end of the fourth quarter of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $29.32 trillion and liabilities were $40.31 trillion. Full Text

Published March 31, 2020 at 08:30PM
Read more at bea.gov

Gross Domestic Product, 4th Quarter and Year 2019 (Third Estimate); Corporate Profits, 4th Quarter and Year 2019

| In ,
Real gross domestic product (GDP) increased 2.1 percent in the fourth quarter of 2019, according to the ?third? estimate released by the Bureau of Economic Analysis. The growth rate is the same as in the ?second? estimate released in February. In the third quarter, real GDP also increased 2.1 percent. Full Text

Published March 26, 2020 at 08:30PM
Read more at bea.gov

Personal Income by State, 4th Quarter and Year 2019 (Preliminary)

| In ,
State personal income increased 4.4 percent in 2019, after increasing 5.6 percent in 2018. In 2019, increases in earnings, property income (dividends, interest, and rent), and transfer receipts contributed to personal income growth in all states and the District of Columbia. The percent change in personal income across all states ranged from 6.1 percent in Colorado to 2.8 percent in West Virginia. Full Text

Published March 24, 2020 at 08:30PM
Read more at bea.gov

U.S. International Transactions, 4th Quarter and Year 2019

| In ,
The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, narrowed by $15.6 billion, or 12.4 percent, to $109.8 billion in the fourth quarter of 2019, according to statistics from the U.S. Bureau of Economic Analysis (BEA). The revised third quarter deficit was $125.4 billion. Full Text

Published March 19, 2020 at 08:30PM
Read more at bea.gov

Arts and Cultural Production Satellite Account, U.S. and States 2017

| In ,
The Arts and Cultural Production Satellite Account released today by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) shows that arts and cultural economic activity, adjusted for inflation, increased 3.6 percent in 2017. That compares with a 5.3 percent increase in 2016. Arts and cultural economic activity accounted for 4.5 percent of gross domestic product (GDP), or $877.8 billion, in 2017. Full Text

Published March 17, 2020 at 10:00PM
Read more at bea.gov

U.S. International Trade in Goods and Services, January 2020

| In ,
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $45.3 billion in January, down $3.3 billion from $48.6 billion in December, revised. January exports were $208.6 billion, $0.9 billion less than December exports. January imports were $253.9 billion, $4.2 billion less than December imports. Full Text

Published March 06, 2020 at 09:30PM
Read more at bea.gov