Personal Income and Outlays, June 2022

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Personal income increased $133.5 billion, or 0.6 percent at a monthly rate, while consumer spending increased $181.1 billion, or 1.1 percent, in June. The increase in personal income primarily reflected increases in compensation and proprietors' income. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 5.1 percent in June, compared with 5.5 percent in May. Full Text

Published July 29, 2022 at 08:30PM
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Gross Domestic Product, Second Quarter 2022 (Advance Estimate)

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Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022, following a decrease of 1.6 percent in the first quarter. The smaller decrease in the second quarter primarily reflected an upturn in exports and a smaller decrease in federal government spending. Full Text

Published July 28, 2022 at 08:30PM
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Gross Domestic Product for Puerto Rico, 2020

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Real gross domestic product (GDP) for Puerto Rico decreased 6.0 percent in 2020 after increasing 0.2 percent in 2019, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). The decrease in real GDP in 2020 primarily reflected a decrease in exports of goods and services. Personal consumption expenditures, government spending, and private fixed investment also decreased. Full Text | En espanol

Published July 26, 2022 at 10:00PM
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Direct Investment by Country and Industry, 2021

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The U.S. direct investment abroad position, or cumulative level of investment, increased $403.3 billion to $6.49 trillion at the end of 2021 from $6.09 trillion at the end of 2020, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). The increase reflected a $352.6 billion increase in the position in Europe, primarily in Ireland and the United Kingdom. By industry, holding company affiliates owned by U.S. manufacturers had the largest increase. The foreign direct investment in the United States position increased $506.1 billion to $4.98 trillion at the end of 2021 from $4.47 trillion at the end of 2020. The increase mainly reflected a $378.4 billion increase in the position from Europe, primarily the Netherlands and the United Kingdom. By industry, affiliates in manufacturing and information accounted for the majority of the increase. Full Text

Published July 21, 2022 at 08:30PM
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U.S. International Trade in Goods and Services, May 2022

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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 $85.5 billion in May, down $1.1 billion from $86.7 billion in April, revised. May exports were $255.9 billion, $3.0 billion more than April exports. May imports were $341.4 billion, $1.9 billion more than April imports. Full Text

Published July 07, 2022 at 08:30PM
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