The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$10.95 trillion at the end of the third quarter of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $28.26 trillion and liabilities were $39.21 trillion. At the end...
Personal Income and Outlays, November 2019
Personal income increased 0.5 percent in November after increasing 0.1 percent in October. Wages and salaries, the largest component of personal income, increased 0.4 percent in November after increasing 0.5 percent in October. Full Text
Published December 20, 2019 at 11:00PM
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Gross Domestic Product, 3rd quarter 2019 (third estimate); Corporate Profits, 3rd quarter 2019 (revised estimate)
Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the third quarter of 2019, according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.0 percent. Full Text
Published December 20, 2019 at 09:30PM
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U.S. International Transactions, 3rd quarter 2019
The U.S. current account deficit narrowed by $1.1 billion, or 0.9 percent, to $124.1 billion in the third quarter of 2019, according to statistics from the U.S. Bureau of Economic Analysis. The revised second quarter deficit was $125.2 billion. The third quarter deficit was 2.3 percent of current dollar gross domestic product, down less than 0.1 percent...
State Quarterly Personal Income, 3rd quarter 2019
State personal income increased 3.8 percent at an annual rate in the third quarter of 2019, a deceleration from the 4.4 percent increase in the second quarter. The percent change in personal income across all states ranged from 15.2 percent in South Dakota to 1.9 percent in West Virginia and Wyoming. Full Text
Published December 18, 2019 at 09:30PM
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Gross Domestic Product for the U.S. Virgin Islands, 2018
The estimates of GDP for the USVI show that real GDP-GDP adjusted to remove price changes-increased 1.5 percent in 2018 after decreasing 0.6 percent in 2017. For comparison, real GDP for the United States (excluding the territories) increased 2.9 percent in 2018 after increasing 2.4 percent in 2017. Full Text
Published December 17, 2019 at 10:00PM
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Local Area Gross Domestic Product, 2018
Real gross domestic product (GDP) increased in 2,375 counties, decreased in 717, and was unchanged in 21 in 2018, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). The percentage change in real GDP ranged from 86.5 percent in Jackson County, WV, to -44.0 percent in Grant County, ND. Full Text
Published December 12,...
U.S. International Trade in Goods and Services, October 2019
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $47.2 billion in October, down $3.9 billion from $51.1 billion in September, revised. October exports were $207.1 billion, $0.4 billion less than September exports. October imports were $254.3 billion, $4.3 billion less than September...
