Gross Domestic Product, 3rd quarter 2018 (third estimate); Corporate Profits, 3rd quarter 2018 (revised estimate)

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Real gross domestic product (GDP) increased 3.4 percent in the third quarter of 2018, according to the "third" estimate released by the Bureau of Economic Analysis. The growth rate was revised down 0.1 percentage point from the "second" estimate released in November. In the second quarter, real GDP increased 4.2 percent. Full Text

Published December 21, 2018 at 09:30PM
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State Quarterly Personal Income, 3rd quarter 2018

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State personal income increased 4.0 percent at an annual rate in the third quarter of 2018, an acceleration from the 3.4 percent increase in the second quarter. Personal income increased in all states and the District of Columbia. The percent change in personal income across all states ranged from 6.2 percent in Nevada and Washington to 2.1 percent in Missouri. Full Text

Published December 20, 2018 at 09:30PM
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U.S. International Transactions, 3rd quarter 2018

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The U.S. current-account deficit increased to $124.8 billion (preliminary) in the third quarter of 2018 from $101.2 billion (revised) in the second quarter of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.4 percent of current-dollar gross domestic product (GDP) in the third quarter, up from 2.0 percent in the second quarter. The previously published current-account deficit for the second quarter was $101.5 billion.Full Text

Published December 19, 2018 at 09:30PM
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Gross Domestic Product for U.S. Virgin Islands (USVI), 2017

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The estimates of GDP for the USVI show that real GDP - GDP adjusted to remove price changes - decreased 1.7 percent in 2017 after increasing 0.9 percent in 2016. For comparison, real GDP for the United States (excluding the territories) increased 2.2 percent in 2017 after increasing 1.6 percent in 2016. Full Text

Published December 17, 2018 at 09:30PM
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U.S. International Trade in Goods and Services, October 2018

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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 $55.5 billion in October, up $0.9 billion from $54.6 billion in September, revised. October exports were $211.0 billion, $0.3 billion less than September exports. October imports were $266.5 billion, $0.6 billion more than September imports. Full Text

Published December 06, 2018 at 09:30PM
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