U.S. International Investment Position, First Quarter 2021, Year 2020, and Annual Update

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The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$14.32 trillion at the end of the first quarter of 2021, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $32.81 trillion and liabilities were $47.13 trillion. At the end of the fourth quarter of 2020, the net investment position was -$14.01 trillion. Full Text

Published June 30, 2021 at 08:30PM
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Gross Domestic Product by State, 1st Quarter 2021

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Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the first quarter of 2021, as real GDP for the nation increased at an annual rate of 6.4 percent. The percent change in real GDP in the first quarter ranged from 10.9 percent in Nevada to 2.9 percent in the District of Columbia. Full Text

Published June 25, 2021 at 10:00PM
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Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 1st Quarter 2021

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Real gross domestic product (GDP) increased at an annual rate of 6.4 percentin the first quarter of 2021, reflecting the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic. The increase was the same rate as the "second" estimate released in May. In the fourth quarter of 2020, real GDP increased 4.3 percent. Profits increased 2.4 percent at a quarterly rate in the first quarter after decreasing 1.4 percentin the fourth quarter. Corporate profits increased 15.5 percent in the first quarter from one year ago. Private goods-producing industries increased 5.4 percent, private services-producing industries increased 7.7 percent, and government increased 0.2 percent. Overall, 17 of 22 industry groups contributed to the first-quarter increase in real GDP. Full Text

Published June 24, 2021 at 08:30PM
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U.S. International Transactions, First Quarter 2021 and Annual Update

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The U.S. current account deficit widened by $20.7 billion, or 11.8 percent, to $195.7 billion in the first quarter of 2021, according to statistics from the U.S. Bureau of Economic Analysis. The revised fourth quarter deficit was $175.1 billion. The first quarter deficit was 3.6 percent of current dollar gross domestic product, up from 3.3 percent in the fourth quarter. Full Text

Published June 23, 2021 at 08:30PM
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Personal Income by State, 1st Quarter 2021

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State personal income increased 59.7 percent at an annual rate in the first quarter of 2021 after decreasing 3.9 percent in the fourth quarter of 2020. In the first quarter of 2021, the increase in transfer receipts was the leading contributor to personal income growth in all states and the District of Columbia. The percent change in personal income ranged from 89.3 percent in Mississippi to 31.1 percent in the District of Columbia. Full Text

Published June 22, 2021 at 08:30PM
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U.S. International Trade in Goods and Services, April 2021

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The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services trade deficit was $68.9 billion in April, down $6.1 billion from $75.0 billion in March, revised. April exports were $205.0 billion, $2.3 billion more than March exports. April imports were $273.9 billion, $3.8 billion less than March imports. Full Text

Published June 08, 2021 at 08:30PM
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