Personal income increased $30.0 billion, or 0.2 percent, and disposable personal income (DPI) increased $17.6 billion, or 0.2 percent, in July, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $44.1 billion, or 0.4 percent. In June, personal income decreased $2.7 billion, or less than 0.1 percent, DPI decreased $0.2 billion, or less than 0.1 percent, and PCE decreased $4.0 billion, or less than 0.1 percent, based on revised estimates. Full Text

Mon, 30 Aug 2010 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 1.6 percent in the second quarter of 2010, (that is, from the first quarter to the second quarter), according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.7 percent. Full Text

Fri, 27 Aug 2010 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 June exports of $150.5 billion and imports of $200.3 billion resulted in a goods and services deficit of $49.9 billion, up from $42.0 billion in May, revised. June exports were $2.0 billion less than May exports of $152.4 billion. June imports were $5.9 billion more than May imports of $194.4 billion. Full Text

Wed, 11 Aug 2010 08:30:00 EDT

WASHINGTON DC, August 9, 2010 - Personal income declined in 2009 in most of the nation's metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income declined in 223 MSAs, increased in 134, and remained unchanged in 9 MSAs. On average, MSA personal income fell 1.8 percent in 2009, after rising 2.7 percent in 2008. Full Text

Mon, 09 Aug 2010 08:30:00 EDT

CHARLOTTE AMALIE, U.S. VIRGIN ISLANDS (July 6, 2010) - Today, the Bureau of Economic Analysis (BEA) is releasing its first set of estimates of the major components of gross domestic product (GDP) for the U.S. Virgin Islands. The estimates for the U.S. Virgin Islands showed that from 2002 to 2007, real GDP -- GDP adjusted to remove price changes -- grew at an average annual rate of 2.9 percent. (For comparison, the average annual growth rate for the United States (excluding the territories) was 2.8 percent over this period.) Full Text

Tue, 06 Jul 2010 08:30:00 EDT

Gross Domestic Product (GDP) would have been, on average, 2.7 percent, or $301.5 billion higher between 1998 and 2007 if research and development (R&D) spending was treated as investment in the U.S. national income and product accounts, the Bureau of Economic Analysis (BEA) announced today. The 2010 R&D Satellite Account updates and extends BEA's estimates of the effect of R&D on economic growth through 2007, and now includes coverage of the most recent business cycle expansion. Full Text

Wed, 30 Jun 2010 08:30:00 EDT

The U.S. net international investment position at yearend 2009 was -$2,737.8 billion (preliminary), as the value of foreign investments in the United States continued to exceed the value of U.S. investments abroad (table 1). At yearend 2008, the U.S. net international investment position was -$3,493.9 billion (revised). Full Text

Fri, 25 Jun 2010 10:00:00 EDT

Real spending on travel and tourism increased at an annual rate of 3.9 percent in 2010:1, following a decrease of 1.5 percent (revised) in 2009:4. By comparison, real gross domestic product (GDP) increased 3.0 percent (second estimate) in 2010:1 after increasing 5.6 percent in 2009:4. Travel and tourism prices increased 3.5 percent in 2010:1 after increasing 6.5 percent (revised) in 2009:4. Full Text

Tue, 22 Jun 2010 08:30:00 EDT

State personal income growth averaged 0.9 percent in the first quarter of 2010 up from 0.5 percent in the fourth quarter of 2009, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income increased in all but two states with growth ranging from 1.6 percent in Mississippi to -2.0 percent in North Dakota. Inflation, as measured by the national price index for personal consumption expenditures, declined to 0.4 percent in the first quarter from 0.6 percent in the fourth quarter. Full Text

Fri, 18 Jun 2010 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 $109.0 billion (preliminary) in the first quarter of 2010, from $100.9 billion (revised) in the fourth quarter of 2009. The increase was the third consecutive quarterly increase since the deficit of $84.4 billion in the second quarter of 2009, which was the smallest deficit since the third quarter of 1999. The increase was more than accounted for by an increase in the deficit on goods. An increase in net unilateral current transfers to foreigners also contributed. Increases in the surpluses on income and services were partly offsetting. Full Text

Thu, 17 Jun 2010 08:30:00 EDT

HAGATNA, GUAM (June 14, 2010) - Today, the Bureau of Economic Analysis (BEA) is releasing its first set of estimates of the major components of gross domestic product (GDP) for Guam. On May 5, 2010, BEA released estimates of total GDP for American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, and the U.S. Virgin Islands. The estimates for Guam showed that from 2002 to 2007, real GDP -- GDP adjusted to remove price changes -- grew at an average annual rate of 1.8 percent. (For comparison, the average annual growth rate for the United States (excluding the territories) was 2.8 percent over this period.) Full Text

Sun, 13 Jun 2010 19:30:00 EDT

CAPITAL HILL, SAIPAN (June 7, 2010) ? Today, the Bureau of Economic Analysis (BEA) is releasing its first set of estimates of the major components of gross domestic product (GDP) for the Commonwealth of the Northern Mariana Islands (CNMI). The estimates for the CNMI showed that from 2002 to 2007, real GDP -- GDP adjusted to remove price changes -- decreased at an average annual rate of 4.2 percent. (For comparison, the average annual growth rate for the United States (excluding the territories) was 2.8 percent over this period.) Full Text

Mon, 07 Jun 2010 19:10:00 EDT

Downturns in durable-goods manufacturing and finance and insurance and a continued contraction in construction were the leading contributors to the downturn in U.S. economic growth in 2009, according to preliminary statistics on the breakout of real gross domestic product (GDP) by industry from the Bureau of Economic Analysis. The economic downturn was widespread: 15 of 22 industry groups contributed to the decline in real GDP growth. Full Text

Tue, 25 May 2010 08:30:00 EDT

UTULEI, AMERICAN SAMOA (May 10, 2010) - Today, the Bureau of Economic Analysis (BEA) is releasing its first set of estimates of the major components of gross domestic product (GDP) for American Samoa. From 2002 to 2007, real GDP of American Samoa increased at an average annual rate of 0.4 percent. Full Text

Mon, 10 May 2010 17:00:00 EDT

WASHINGTON, D.C. (May 5, 2010) -- The Bureau of Economic Analysis (BEA) released its first set of estimates of gross domestic product (GDP) for American Samoa, the Commonwealth of the Northern Mariana Islands (CNMI), Guam, and the U.S. Virgin Islands (USVI). Full Text

Wed, 05 May 2010 14:00:00 EDT

The percent change from 2007 to 2008 in county personal income ranged from -48 percent in Slope County, North Dakota to 54 percent in Faulk County, South Dakota with growth slowing in more than two-thirds of the counties. Full Text

Thu, 22 Apr 2010 08:30:00 EDT

Worldwide employment by U.S. multinational companies decreased 0.4 percent in 2008, to 33.4 million workers, resulting from a decrease in employment in the United States that was partly offset by an increase in employment abroad. Partly reflecting selloffs of foreign ownership shares in U.S. companies, employment in the United States by majority-owned U.S. affiliates of foreign multinational companies decreased 1.0 percent in 2008, to 5.5 million workers. Full Text

Fri, 16 Apr 2010 08:30:00 EDT

State personal income declined an average 1.7 percent in 2009, according to estimates released today by the U.S. Bureau of Economic Analysis. The annual percentage change in state personal income ranged from -4.8 percent in Nevada to 2.1 percent in West Virginia (one of six states with a personal income gain in 2009). Inflation, as measured by the national price index for personal consumption expenditures, fell to 0.2 percent in 2009 down from 3.3 percent in 2008. Full Text

Thu, 25 Mar 2010 08:30:00 EST

A complete listing of our upcoming news releases can be found on our detailed schedule for 2010. All news releases shown on our schedule are made available as RSS feeds. Full Text

Tue, 11 Mar 2008 08:30:00 EST

Compensation grew in over 80 percent of the 3,112 counties in the U.S., as the average annual compensation per job in the U.S. grew by 2.6 percent to $56,116, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA).¹ Total compensation of U.S. workers grew 2.3 percent in 2008, as net job losses partially offset compensation growth. Inflation measured by the national price index for personal consumption expenditures, grew 3.3 percent. Full Text

Mon, 21 Dec 2009 08:30:00 EST