The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$10.56 trillion at the end of the second quarter of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $28.01 trillion and liabilities were $38.56 trillion. At the end...
Personal Income and Outlays, August 2019
Personal income increased 0.4 percent in August after increasing 0.1 percent in July. Wages and salaries, the largest component of personal income, increased 0.6 percent in August after increasing 0.2 percent in July. Full Text
Published September 27, 2019 at 08:30PM
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Gross Domestic Product, 2nd quarter 2019 (third estimate); Corporate Profits, 2nd quarter 2019 (revised estimate)
Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the second quarter of 2019 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.1 percent. Full Text
Published September 26, 2019 at 08:30PM
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State Quarterly Personal Income, 2nd quarter 2019 and State Annual Personal Income, 2018
State personal income increased 5.4 percent at an annual rate in the second quarter of 2019, a deceleration from the 6.2 percent increase in the first quarter. The percent change in personal income across all states ranged from 7.5 percent in Texas to unchanged in North Dakota. Full Text
Published September 24, 2019 at 08:30PM
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Outdoor Recreation Satellite Account, U.S. and Prototype for States, 2017
The U.S. outdoor recreation economy accounted for 2.2 percent ($427.2 billion) of current-dollar gross domestic product (GDP) in 2017. The Outdoor Recreation Satellite Account (ORSA) also shows that inflation-adjusted (real) GDP for the outdoor recreation economy grew by 3.9 percent in 2017, faster than the 2.4 percent growth of the overall U.S. economy....
U.S. International Transactions, 2nd quarter 2019
The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, narrowed by $8.0 billion, or 5.9 percent, to $128.2 billion in the second quarter of 2019, according to statistics from the U.S. Bureau of Economic Analysis (BEA). The revised...
U.S. International Trade in Goods and Services, July 2019
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $54.0 billion in July, down $1.5 billion from $55.5 billion in June, revised. July exports were $207.4 billion, $1.2 billion more than June exports. July imports were $261.4 billion, $0.4 billion less than June imports. Full Text
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