Gross Domestic Product by State, 4th Quarter 2021 and Year 2021 (Preliminary)

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Real gross domestic product (GDP) increased in 47 states and the District of Columbia in the fourth quarter of 2021, as real GDP for the nation increased at an annual rate of 6.9 percent. The percent change in real GDP in the fourth quarter ranged from 10.1 percent in Texas to -2.3 percent in Iowa. Full Text

Published March 31, 2022 at 10:00PM
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Personal Income and Outlays, February 2022

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Personal income increased $101.5 billion, or 0.5 percent at a monthly rate, while consumer spending increased $34.9 billion, or 0.2 percent, in February. The increase in personal income primarily reflected an increase in compensation of employees that was partly offset by a decrease in government social benefits. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 6.3 percent in February, compared with 6.1 percent in January. Full Text

Published March 31, 2022 at 08:30PM
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Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits, 4th Quarter and Year 2021

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Real gross domestic product (GDP) increased at an annual rate of 6.9 percent in the fourth quarter of 2021, following an increase of 2.3 percent in the third quarter. The increase was revised down 0.1 percentage point from the "second" estimate released in February. The acceleration in the fourth quarter was led by an acceleration in inventory investment, upturns in exports and residential fixed investment and an acceleration in consumer spending. In the fourth quarter, COVID-19 cases resulted in continued restrictions and disruptions in the operations of establishments in some parts of the country. Government assistance payments in the form of forgivable loans to businesses, grants to state and local governments, and social benefits to households all decreased as provisions of several federal programs expired or tapered off. Full Text

Published March 30, 2022 at 08:30PM
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U.S. International Investment Position, 4th Quarter and Year 2021

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The U.S. net international investment position (IIP), the difference between U.S. residents' foreign financial assets and liabilities, was -$18.10 trillion at the end of the fourth quarter of 2021, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $35.21 trillion, and liabilities were $53.31 trillion. At the end of the third quarter, the net investment position was -$16.35 trillion. Full Text

Published March 29, 2022 at 08:30PM
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