The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$10.99 trillion at the end of the fourth quarter of 2019, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $29.32 trillion and liabilities were $40.31 trillion. Full Text
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Personal Income and Outlays, February 2020
Personal income increased 0.6 percent in February, the same increase as in January. Wages and salaries, the largest component of personal income, increased 0.5 percent in February, also the same increase as in January. Full Text
Published March 27, 2020 at 08:30PM
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Gross Domestic Product, 4th Quarter and Year 2019 (Third Estimate); Corporate Profits, 4th Quarter and Year 2019
Real gross domestic product (GDP) increased 2.1 percent in the fourth quarter of 2019, according to the ?third? estimate released by the Bureau of Economic Analysis. The growth rate is the same as in the ?second? estimate released in February. In the third quarter, real GDP also increased 2.1 percent. Full Text
Published March 26, 2020 at 08:30PM
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Personal Income by State, 4th Quarter and Year 2019 (Preliminary)
State personal income increased 4.4 percent in 2019, after increasing 5.6 percent in 2018. In 2019, increases in earnings, property income (dividends, interest, and rent), and transfer receipts contributed to personal income growth in all states and the District of Columbia. The percent change in personal income across all states ranged from 6.1 percent...
U.S. International Transactions, 4th Quarter and Year 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 $15.6 billion, or 12.4 percent, to $109.8 billion in the fourth quarter of 2019, according to statistics from the U.S. Bureau of Economic Analysis (BEA). The revised...
Arts and Cultural Production Satellite Account, U.S. and States 2017
The Arts and Cultural Production Satellite Account 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 3.6 percent in 2017. That compares with a 5.3 percent increase in 2016. Arts and cultural economic activity accounted for 4.5 percent...
U.S. International Trade in Goods and Services, January 2020
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $45.3 billion in January, down $3.3 billion from $48.6 billion in December, revised. January exports were $208.6 billion, $0.9 billion less than December exports. January imports were $253.9 billion, $4.2 billion less than December...
