Personal Income and Outlays, January 2021

Personal income increased 10.0 percent (monthly rate) while consumer spending increased 2.4 percent in January as provisions of the Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act enacted on December 27, 2020, began to take effect. Full Text Published February 26, 2021 at 09:30PM Read more at bea.go...

Gross Domestic Product, 4th Quarter and Year 2020 (Second Estimate)

Real gross domestic product (GDP) increased at an annual rate of 4.1 percent in the fourth quarter of 2020, reflecting both the continued economic recovery from the sharp declines earlier in the year and the ongoing impact of the COVID-19 pandemic, including new restrictions and closures that took effect in some areas of the United States. The increase...

Gross Domestic Product for Guam, 2019

The estimates of GDP for Guam show that real GDP--GDP adjusted to remove price changes--increased 2.0 percent in 2019. This release also includes the results of a comprehensive update of the territorial economic accounts. Full Text Published February 17, 2021 at 05:30AM Read more at bea.go...

U.S. International Trade in Goods and Services, December 2020

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $66.6 billion in December, down $2.4 billion from $69.0 billion in November, revised. December exports were $190.0 billion, $6.2 billion more than November exports. December imports were $256.6 billion, $3.8 billion more than November...