Personal Income and Outlays, August 2022 and Annual Update

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Personal income increased $71.6 billion, or 0.3 percent at a monthly rate, while consumer spending increased $67.5 billion, or 0.4 percent, in August. 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)...

Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 2nd Quarter 2022 and Annual Update

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Real gross domestic product (GDP) decreased at an annual rate of 0.6 percent in the second quarter of 2022, following a decrease of 1.6 percent in the first quarter. The second-quarter decrease was the same as previously estimated in the "second" estimate released in August. The smaller decrease in the second quarter, compared to the first quarter,...

U.S. International Investment Position, 2nd Quarter 2022

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The U.S. net international investment position (IIP), the difference between U.S. residents' foreign financial assets and liabilities, was -$16.31 trillion at the end of the second quarter of 2022, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $30.98 trillion, and liabilities were $47.29 trillion....

U.S. International Transactions, 2nd Quarter 2022

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The U.S. current-account deficit narrowed by $31.5 billion, or 11.1 percent, to $251.1 billion in the second quarter of 2022, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised first-quarter deficit was $282.5 billion. The second-quarter deficit was 4.0 percent of current-dollar gross domestic product, down...

U.S. International Trade in Goods and Services, July 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 $70.6 billion in July, down $10.2 billion from $80.9 billion in June, revised. July exports were $259.3 billion, $0.5 billion more than June exports. July imports were $329.9 billion, $9.7 billion less than June imports. Full Text Published...

Gross Domestic Product for American Samoa, 2021

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Real gross domestic product (GDP) for American Samoa decreased 1.7 percent in 2021 after increasing 5.0 percent in 2020. The decrease in real GDP reflected decreases in exports and private inventory investment. These decreases were partly offset by increases in personal consumption expenditures, government spending, and private fixed investment. Full...