U.S. International Investment Position, First Quarter 2021, Year 2020, and Annual Update

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The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$14.32 trillion at the end of the first quarter of 2021, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $32.81 trillion and liabilities were $47.13 trillion. At the end...

Gross Domestic Product by State, 1st Quarter 2021

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Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the first quarter of 2021, as real GDP for the nation increased at an annual rate of 6.4 percent. The percent change in real GDP in the first quarter ranged from 10.9 percent in Nevada to 2.9 percent in the District of Columbia. Full Text Published June 25,...

Personal Income and Outlays, May 2021

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Personal income decreased $414.3 billion, or 2.0 percent at a monthly rate, while consumer spending increased $2.9 billion, or less than 0.1 percent, in May. The decrease in personal income reflected declines in pandemic-related assistance programs. Full Text Published June 25, 2021 at 08:30PM Read more at bea.go...

Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 1st Quarter 2021

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Real gross domestic product (GDP) increased at an annual rate of 6.4 percentin the first quarter of 2021, reflecting the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic. The increase was the same rate as the "second" estimate released in May. In the fourth quarter of 2020,...

U.S. International Transactions, First Quarter 2021 and Annual Update

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The U.S. current account deficit widened by $20.7 billion, or 11.8 percent, to $195.7 billion in the first quarter of 2021, according to statistics from the U.S. Bureau of Economic Analysis. The revised fourth quarter deficit was $175.1 billion. The first quarter deficit was 3.6 percent of current dollar gross domestic product, up from 3.3 percent...

Personal Income by State, 1st Quarter 2021

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State personal income increased 59.7 percent at an annual rate in the first quarter of 2021 after decreasing 3.9 percent in the fourth quarter of 2020. In the first quarter of 2021, the increase in transfer receipts was the leading contributor to personal income growth in all states and the District of Columbia. The percent change in personal income...

Marine Economy Satellite Account, 2014-2019

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The first official Marine Economy Satellite Account statistics released today by the U.S. Bureau of Economic Analysis show that the marine economy accounted for 1.9 percent, or $397 billion, of current-dollar U.S. gross domestic product (GDP) in 2019. Full Text Published June 09, 2021 at 01:00AM Read more at bea.go...

U.S. International Trade in Goods and Services, April 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 trade deficit was $68.9 billion in April, down $6.1 billion from $75.0 billion in March, revised. April exports were $205.0 billion, $2.3 billion more than March exports. April imports were $273.9 billion, $3.8 billion less than March imports....