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U.S. International Investment Position, 4th quarter and Year 2018

The U.S. net international investment position decreased to -$9,717.1 billion (preliminary) at the end of the fourth quarter of 2018 from -$9,634.8 billion (revised) at the end of the third quarter. The $82.4 billion decrease reflected net financial transactions of -$199.2 billion and net other changes in position, such as price and exchange-rate changes, of $116.8 billion. Full Text

Published March 29, 2019 at 10:00PM
Read more at bea.gov

Gross Domestic Product, 4th quarter and annual 2018 (third estimate); Corporate Profits, 4th quarter and annual 2018

Real gross domestic product (GDP) increased 2.2 percent in the fourth quarter of 2018, according to the "third" estimate released by the Bureau of Economic Analysis. The growth rate was revised down 0.4 percentage point from the "initial" estimate released in February. In the third quarter, real GDP increased 3.4 percent. Full Text

Published March 28, 2019 at 08:30PM
Read more at bea.gov

U.S. International Transactions, 4th quarter and Year 2018

The U.S. current-account deficit increased to $134.4 billion (preliminary) in the fourth quarter of 2018 from $126.6 billion (revised) in the third quarter of 2018. As a percentage of U.S. GDP, the deficit increased to 2.6 percent from 2.5 percent. The previously published current-account deficit for the third quarter was $124.8 billion. Full Text

Published March 27, 2019 at 10:00PM
Read more at bea.gov

U.S. International Trade in Goods and Services, January 2019

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $51.1 billion in January, down $8.8 billion from $59.9 billion in December, revised. January exports were $207.3 billion, $1.9 billion more than December exports. January imports were $258.5 billion, $6.8 billion less than December imports. Full Text

Published March 27, 2019 at 08:30PM
Read more at bea.gov

State Quarterly Personal Income, 4th quarter 2018 and State Annual Personal Income, 2018 (preliminary)

State personal income increased 4.5 percent in 2018, after increasing 4.4 percent in 2017. In 2018, personal income increased in all states and the District of Columbia. The percent change in personal income across all states ranged from 6.8 percent in Washington to 2.9 percent in Hawaii. Full Text

Published March 26, 2019 at 08:30PM
Read more at bea.gov

Arts and Cultural Production Satellite Account, U.S. and States 2016

The Arts and Cultural Production Satellite Account (ACPSA) 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 2.9 percent in 2016. That compares with a 5.4 percent increase in 2015. Arts and cultural economic activity accounted for 4.3 percent of gross domestic product (GDP), or $804.2 billion, in 2016. Full Text

Published March 19, 2019 at 10:00PM
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U.S. International Trade in Goods and Services, December 2018

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $59.8 billion in December, up $9.5 billion from $50.3 billion in November, revised. December exports were $205.1 billion, $3.9 billion less than November exports. December imports were $264.9 billion, $5.5 billion more than November imports. Full Text

Published March 06, 2019 at 09:30PM
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Personal Income and Outlays, December 2018; Personal Income, January 2019

Personal income decreased 0.1 percent in January after increasing 1.0 percent in December, the largest increase since December 2012. Wages and salaries, the largest component of personal income, increased 0.3 percent in January after increasing 0.5 percent in December. Full Text

Published March 01, 2019 at 09:30PM
Read more at bea.gov