Personal Income and Outlays, March 2021

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Personal income increased $4.21 trillion, or 21.1 percent at a monthly rate, while consumer spending increased $616.0 billion, or 4.2 percent, in March. Economic impact payments established by the American Rescue Plan Act of 2021, which was enacted on March 11, 2021, were distributed. Full Text Published April 30, 2021 at 08:30PM Read more at bea...

Gross Domestic Product, 1st Quarter 2021 (Advance Estimate)

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Real gross domestic product (GDP) increased at an annual rate of 6.4 percent in the first quarter of 2021, reflecting the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic. In the first quarter, government assistance payments, such as direct economic impact payments, expanded...

U.S. International Trade in Goods and Services, February 2021

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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 $71.1 billion in February, up $3.3 billion from $67.8 billion in January, revised. February exports were $187.3 billion, $5.0 billion less than January exports. February imports were $258.3 billion, $1.7 billion less than January...

Gross Domestic Product for the CNMI, 2019

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The estimates of GDP for the CNMI show that real GDP-GDP adjusted to remove price changes-decreased 11.2 percent in 2019 after decreasing 19.3 percent in 2018. This release also includes the results of a comprehensive update of the territorial economic accounts. Full Text Published April 07, 2021 at 07:00AM Read more at bea.go...