The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total June exports of $164.4 billion and imports of $221.2 billion resulted in a goods and services deficit of $56.8 billion, down from $59.2 billion in May, revised. June exports were $6.4 billion more than May exports of $158.0 billion. June imports were $3.9 billion more than May imports of $217.2 billion.

Tue, 12 Aug 2008 08:30:00 EDT

Personal income growth slowed in 2007 in most of the nation's metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. On average, MSA personal income grew 6.2% in 2007, down from 6.8% in 2006. Personal income growth slowed in 208 MSAs, increased in 144, and remained unchanged in 11 MSAs.

Thu, 07 Aug 2008 08:30:00 EDT

Personal income increased $6.8 billion, or 0.1 percent, and disposable personal income (DPI) decreased $210.3 billion, or 1.9 percent, in June, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $57.1 billion, or 0.6 percent. In May, personal income increased $219.3 billion, or 1.8 percent, DPI increased $595.4 billion, or 5.7 percent, and PCE increased $76.5 billion, or 0.8 percent, based on revised estimates. The pattern of changes in income reflect the pattern of payments associated with the Economic Stimulus Act of 2008.

Mon, 04 Aug 2008 08:30:00 EDT

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 1.9 percent in the second quarter of 2008 (that is, from the first quarter to the second quarter), according to advance estimates released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.9 percent.

Thu, 31 Jul 2008 08:30:00 EDT

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total May exports of $157.5 billion and imports of $217.3 billion resulted in a goods and services deficit of $59.8 billion, down from $60.5 billion in April, revised. May exports were $1.4 billion more than April exports of $156.2 billion. May imports were $0.7 billion more than April imports of $216.7 billion.

Fri, 11 Jul 2008 08:30:00 EDT

Personal income increased $225.7 billion, or 1.9 percent, and disposable personal income (DPI) increased $600.3 billion, or 5.7 percent, in May, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $77.4 billion, or 0.8 percent. In April, personal income increased $33.5 billion, or 0.3 percent, DPI increased $39.8 billion, or 0.4 percent, and PCE increased $41.1 billion, or 0.4 percent, based on revised estimates. Real disposable income increased 5.3 percent in May, compared with an increase of 0.1 percent in April. Real PCE increased 0.4 percent, compared with an increase of 0.2 percent.

Fri, 27 Jun 2008 08:30:00 EDT

The U.S. net international investment position at yearend 2007 was -$2,441.8 billion (preliminary), as the value of foreign investments in the United States continued to exceed the value of U.S. investments abroad. At yearend 2006, the U.S. net international investment position was -$2,225.8 billion (revised).

Fri, 27 Jun 2008 08:30:00 EDT

U.S. personal income grew 1.1 percent in the first quarter of 2008, after growing 1.2 percent in the last quarter of 2007, according to estimates released today by the U.S. Bureau of Economic Analysis. Across states, personal income growth ranged from 7.6 percent in North Dakota to -1.9 percent in Arkansas.

Thu, 19 Jun 2008 08:30:00 EDT

Real spending on tourism (spending adjusted for price changes) decreased at an annual rate of 3.7 percent in 2008:1, according to the Bureau of Economic Analysis, reflecting steep declines in spending on accommodations and passenger air transportation. In 2007:4, real spending on tourism grew 2.3 percent (revised). By comparison, real gross domestic product (GDP) grew at an annual rate of 0.9 percent (preliminary) in 2008:1 and 0.6 percent in 2007:4.

Wed, 18 Jun 2008 08:30:00 EDT

The U.S. current-account deficit--the combined balances on trade in goods and services, income, and net unilateral current transfers--increased to $176.4 billion (preliminary) in the first quarter of 2008 from $167.2 billion (revised) in the fourth quarter of 2007. The increase was mostly accounted for by a decrease in the surplus on income. In addition, the deficit on goods and net unilateral current transfers to foreigners both increased. An increase in the surplus on services was partly offsetting.

Tue, 17 Jun 2008 08:30:00 EDT

In this release and the accompanying U.S. International Trade in Goods and Services: April 2008, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis (BEA) are jointly publishing revised data on U.S. trade in goods for 2005-2007 and the first three months of 2008 and revised data on services for 2004-2007 and the first three months of 2008.

Tue, 10 Jun 2008 08:30:00 EDT

New estimates released today by the U.S. Bureau of Economic Analysis show that economic growth slowed in most states and regions of the U.S. in 2007. Real GDP growth slowed in 36 states, with declines in construction and finance and insurance restraining growth in many states.1 Nationally, real economic growth slowed from 3.1 percent in 2006 to 2.0 percent in 2007, one percentage point below the average growth of 3.0 percent for 2002–2006.

Thu, 05 Jun 2008 08:30:00 EDT

Outlays by foreign direct investors to acquire or to establish U.S. businesses increased sharply in 2007 after also increasing strongly in 2006. Outlays reached $276.8 billion in 2007, the second largest recorded and the highest since 2000, when new investment outlays peaked at $335.6 billion.

Wed, 04 Jun 2008 08:30:00 EDT

Revised statistics on the industry distribution of real gross domestic product (GDP), released today by the U.S. Bureau of Economic Analysis, show that the private services-producing sector continued to lead overall GDP growth in 2006, increasing 4.2 percent, while growth in the private goods-producing sector slowed to 0.8 percent. Overall growth of the U.S. economy decelerated slightly in 2006 to 2.9 percent from 3.1 percent in 2005. These statistics for 2006 incorporate more accurate and more detailed information on the industry composition of GDP growth than was available for preparing the advance GDP-by-industry estimates released on April 24, 2007.

Tue, 29 Jan 2008 08:30:00 EST

Today, the Bureau of Economic Analysis (BEA) released county estimates of compensation by industry for 2004-2006. The estimates for 2004-2005 have been revised to incorporate newly available source data; the estimates for 2006 are released for the first time.

Thu, 20 Dec 2007 10:30:00 EST

Today, the U.S. Bureau of Economic Analysis released experimental measures of economic output produced in the Nation's metropolitan areas. GDP by metropolitan area is the measure of the market value of final goods and services produced within a metropolitan area in a particular period of time. GDP is BEA's preferred and most comprehensive measure of economic activity. Metropolitan (statistical) areas, defined by the U.S. Office of Management and Budget, are standardized county-based areas having at least one urbanized area of 50,000 or more population, plus adjacent territory that has a high degree of social and economic integration with the core, as measured by commuting ties.

Wed, 26 Sep 2007 08:30:00 EDT

The Bureau of Economic Analysis released today the 2002 benchmark input-output (I-O) accounts. These are the latest in a series of accounts that provide the most detailed information available on the structure of the U.S. economy and its industries, and cover over 400 industries.

Fri, 21 Sep 2007 08:30:00 EDT

Personal income growth accelerated in 2006 in most of the nation's metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. The faster growth was spurred by the property income and compensation components of personal income. Compensation growth in most private industries, including durable goods manufacturing and professional services, accelerated, while compensation growth at all levels of government, especially the military, slowed.

Tue, 07 Aug 2007 08:30:00 EDT

A complete listing of our upcoming news releases can be found on our detailed schedule for 2008. All news releases shown on our schedule are made available as RSS feeds.

Tue, 11 Mar 2008 08:30:00 EDT