U.S. International Investment Position, 3rd Quarter 2022

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The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$16.71 trillion at the end of the third quarter of 2022, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $29.73 trillion, and liabilities were $46.44 trillion. At the end of the second quarter, the net investment position was -$16.29 trillion (revised). Full Text

Published December 29, 2022 at 09:30PM
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Gross Domestic Product by State and Personal Income by State, 3rd Quarter 2022

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Real gross domestic product (GDP) increased in 47 states and the District of Columbia in the third quarter of 2022, with the percent change in real GDP ranging from 8.7 percent in Alaska to -0.7 percent in Mississippi. Personal income increased in all 50 states and the District of Columbia in the third quarter, with the percent change ranging from 14.2 percent in Colorado to 1.4 percent in Kentucky. Full Text

Published December 23, 2022 at 11:00PM
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Personal Income and Outlays, November 2022

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Personal income increased $80.1 billion, or 0.4 percent at a monthly rate, while consumer spending increased $19.8 billion, or 0.1 percent, in November. The increase in personal income primarily reflected increases in compensation and personal income receipts on assets. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 2.4 percent in November, compared with 2.2 percent in October. Full Text

Published December 23, 2022 at 09:30PM
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Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), Third Quarter 2022

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Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the third quarter of 2022, in contrast to a decrease of 0.6 percent in the second quarter. The increase in the third quarter primarily reflected increases in exports and consumer spending that were partly offset by a decrease in housing investment. Profits decreased less than 0.1 percent in the third quarter after increasing 4.6 percent in the second quarter. Private services-producing industries increased 4.9 percent, government increased 0.6 percent, and private goods-producing industries decreased 1.3 percent. Overall, 16 of 22 industry groups contributed to the third-quarter increase in real GDP. Full Text

Published December 22, 2022 at 09:30PM
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U.S. International Transactions, 3rd Quarter 2022

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The U.S. current-account deficit narrowed by $21.6 billion, or 9.1 percent, to $217.1 billion in the third quarter of 2022, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised second-quarter deficit was $238.7 billion. The third-quarter deficit was 3.4 percent of current-dollar gross domestic product, down from 3.8 percent in the second quarter. Full Text

Published December 21, 2022 at 09:30PM
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Real Personal Consumption Expenditures by State and Real Personal Income by State and Metropolitan Area, 2021

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Real personal consumption expenditures (PCE) by state increased in all 50 states and the District of Columbia in 2021. The percent change in real PCE across all 50 states and the District of Columbia ranged from 12.5 percent in Utah to 2.0 percent in West Virginia. Full Text

Published December 15, 2022 at 09:30PM
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U.S. International Trade in Goods and Services, October 2022

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The U.S. monthly international trade deficit increased in October 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $74.1 billion in September (revised) to $78.2 billion in October, as imports increased and exports decreased. The goods deficit increased $6.1 billion in October to $99.6 billion. The services surplus increased $2.1 billion in October to $21.4 billion. Full Text

Published December 06, 2022 at 09:30PM
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Personal Income and Outlays, October 2022

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Personal income increased $155.3 billion, or 0.7 percent at a monthly rate, while consumer spending increased $147.9 billion, or 0.8 percent, in October. The increase in personal income primarily reflected increases in compensation and personal current transfer receipts. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 2.3 percent in October, compared with 2.4 percent in September. Full Text

Published December 01, 2022 at 09:30PM
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