Gross Domestic Product, (Second Estimate) and Corporate Profits (Preliminary), 3rd Quarter 2022

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Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the third quarter of 2022, in contrast to a decrease of 0.6 percent in the second quarter. The increase in the third quarter primarily reflected increases in exports and consumer spending that were partly offset by a decrease in housing investment. Full Text

Published November 30, 2022 at 09:30PM
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Activities of U.S. Multinational Enterprises, 2020

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Worldwide employment by U.S. multinational enterprises (MNEs) decreased 1.8 percent to 42.4 million workers in 2020 (preliminary) from 43.2 million workers in 2019 (revised), according to statistics released today by the U.S. Bureau of Economic Analysis (BEA) on the operations and finances of U.S. parent companies and their foreign affiliates. Full Text

Published November 18, 2022 at 09:30PM
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Outdoor Recreation Satellite Account, U.S. and States, 2021

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The outdoor recreation economy accounted for 1.9 percent ($454.0 billion) of current-dollar gross domestic product (GDP) for the nation in 2021. At the state level, outdoor recreation value added as a share of GDP ranged from 4.8 percent in Hawaii to 1.3 percent in New York and Connecticut. The share was 0.9 percent in the District of Columbia. Full Text

Published November 09, 2022 at 11:00PM
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U.S. International Trade in Goods and Services, September 2022

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The U.S. monthly international trade deficit increased in September 2022 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $65.7 billion in August (revised) to $73.3 billion in September, as imports increased and exports decreased. The goods deficit increased $6.6 billion in September to $92.7 billion. The services surplus decreased $1.0 billion in September to $19.5 billion. Full Text

Published November 03, 2022 at 08:30PM
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Gross Domestic Product for Guam, 2021

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Real gross domestic product (GDP) for Guam increased 1.1 percent in 2021 after decreasing 11.4 percent in 2020. The increase in real GDP reflected increases in personal consumption expenditures, government spending, and private fixed investment. These increases were partly offset by a decline in exports of goods and services. Imports, a subtraction item in the calculation of GDP, increased. Full Text

Published November 03, 2022 at 07:00AM
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