Personal Income and Outlays, July 2022

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Personal income increased $47.0 billion, or 0.2 percent at a monthly rate, while consumer spending increased $23.7 billion, or 0.1 percent, in July. The increase in personal income primarily reflected an increase in compensation. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 5.0 percent in July, the same rate as in June. Full Text

Published August 26, 2022 at 08:30PM
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Gross Domestic Product, (Second Estimate) and Corporate Profits (Preliminary), Second Quarter 2022

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Real gross domestic product (GDP) decreased at an annual rate of 0.6 percent in the second quarter of 2022, following a decrease of 1.6 percent in the first quarter. The second-quarter decrease was revised up 0.3 percentage point from the "advance" estimate released in July. The smaller decrease in the second quarter, compared to the first quarter, primarily reflected an upturn in exports and a smaller decrease in federal government spending. Profits increased 6.1 percent at a quarterly rate in the second quarter after decreasing 2.2 percent in the first quarter. Full Text

Published August 25, 2022 at 08:30PM
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Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2020

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Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises employed 7.86 million workers in the United States in 2020, a 2.8 percent decrease from 8.08 million workers in 2019, according to the U.S. Bureau of Economic Analysis. MOUSAs accounted for 6.4 percent of total private-industry employment in the United States in 2020. Full Text

Published August 19, 2022 at 08:30PM
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U.S. International Trade in Goods and Services, June 2022

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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 $79.6 billion in June, down $5.3 billion from $84.9 billion in May, revised. June exports were $260.8 billion, $4.3 billion more than May exports. June imports were $340.4 billion, $1.0 billion less than May imports. Full Text

Published August 04, 2022 at 08:30PM
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