Gross Domestic Product, 1st Quarter 2020 (Second Estimate); Corporate Profits, 1st Quarter 2020 (Preliminary Estimate)

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Real gross domestic product (GDP) decreased 5.0 percent in the first quarter of 2020, according to the "second" estimate released by the Bureau of Economic Analysis. The change was 0.2 percentage point lower than the "advance" estimate released in April. In the fourth quarter of 2019, real GDP increased 2.1 percent. Full Text

Published May 28, 2020 at 08:30PM
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Real Personal Income by State and Metropolitan Area, 2018

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Real state personal income grew 3.4 percent in 2018, after increasing 2.9 percent in 2017, according to estimates released today by the Bureau of Economic Analysis. Real state personal income is a state's current-dollar personal income adjusted by the state's regional price parity and the national personal consumption expenditures price index. The percent change in real state personal income ranged from 6.7 percent in Wyoming to 0.9 percent in Mississippi. Across metropolitan areas, the percent change ranged from 15.6 percent in Midland, TX to -1.1 percent in Sebring-Avon Park, FL. Full Text

Published May 18, 2020 at 08:30PM
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U.S. International Trade in Goods and Services, March 2020

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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 $44.4 billion in March, up $4.6 billion from $39.8 billion in February, revised. March exports were $187.7 billion, $20.0 billion less than February exports. March imports were $232.2 billion, $15.4 billion less than February imports. Full Text

Published May 05, 2020 at 08:30PM
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