The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$13.95 trillion at the end of the third quarter of 2020, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $29.41 trillion and liabilities were $43.36 trillion. At the end...
Gross Domestic Product by State, 3rd Quarter 2020
Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the third quarter of 2020, as real GDP for the nation increased at an annual rate of 33.4 percent. The percent change in real GDP in the third quarter ranged from 52.2 percent in Nevada to 19.2 percent in the District of Columbia. Full Text
Published December...
Personal Income and Outlays, November 2020
Personal income decreased 1.1 percent while consumer spending decreased 0.4 percent in November as federal economic recovery payments and pandemic-related assistance programs continued to wind down. Full Text
Published December 23, 2020 at 09:30PM
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Gross Domestic Product, Gross Domestic Product (Third Estimate), Corporate Profits (Revised), and GDP by Industry, Third Quarter 2020
Real gross domestic product (GDP) increased at an annual rate of 33.4 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. The change was 0.3 percentage point higher than the "second" estimate released in November. In the second quarter of 2020, real...
U.S. International Transactions, 3rd Quarter 2020
The U.S. current account deficit widened by $17.2 billion, or 10.6 percent, to $178.5 billion in the third quarter of 2020, according to statistics released by the U.S. Bureau of Economic Analysis. The revised second quarter deficit was $161.4 billion. The third quarter deficit was 3.4 percent of current dollar gross domestic product, up from 3.3 percent...
Personal Income by State, 3rd Quarter 2020
State personal income decreased 10.0 percent at an annual rate in the third quarter of 2020, after increasing 35.8 percent in the second quarter. Personal income decreased in every state and the District of Columbia, ranging from -29.9 percent in West Virginia to -0.6 percent in Georgia. Full Text
Published December 17, 2020 at 09:30PM
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Real Personal Income by State and Metropolitan Area, 2019
Real state personal income grew 2.4 percent in 2019 after increasing 3.1 percent in 2018, according to estimates released today by the Bureau of Economic Analysis (BEA). 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....
Gross Domestic Product for American Samoa, 2019
The estimates of GDP for American Samoa show that real GDP━GDP adjusted to remove price changes━decreased 1.4 percent in 2019. This release also includes the results of a comprehensive update of the territorial economic accounts. Full Text
Published December 12, 2020 at 02:30AM
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Gross Domestic Product by County, 2019
Real gross domestic product (GDP) increased in 2,484 counties, decreased in 612 counties, and was unchanged in 17 counties in 2019. The percent change in real GDP ranged from 62.5 percent in Greensville + Emporia, VA, to -34.2 percent in Jackson County, WV. Full Text
Published December 09, 2020 at 09:30PM
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U.S. International Trade in Goods and Services, October 2020
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $63.1 billion in October, up $1.0 billion from $62.1 billion in September, revised. October exports were $182.0 billion, $4.0 billion more than September exports. October imports were $245.1 billion, $5.0 billion more than September...