U.S. Bureau Of Economic Analysis
Recent News About U.S. Bureau Of Economic Analysis
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U.S. Bureau reports rise in personal consumption expenditures across all states
Personal consumption expenditures (PCE) saw an increase across all 50 states and the District of Columbia in 2023, as reported by the U.S. Bureau of Economic Analysis. The changes varied, with Florida experiencing the highest increase at 8.1 percent, while Iowa had the lowest at 4.7 percent. On a national scale, current-dollar PCE rose by 6.4 percent in 2023 following a 9.8 percent rise in 2022.
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U.S Bureau Economic Analysis reports slight rise personal income outlays August
Personal income in the United States increased by $50.5 billion, or 0.2 percent, in August, according to estimates released by the U.S. Bureau of Economic Analysis (BEA). Disposable personal income (DPI), which is personal income less current taxes, rose by $34.2 billion, also a 0.2 percent increase. Personal consumption expenditures (PCE) grew by $47.2 billion, marking another 0.2 percent rise.
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BEA reports Q2 economic data showing mixed results across US states
Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the second quarter of 2024, with the percent change ranging from 5.9 percent at an annual rate in Idaho to -1.1 percent in Alaska, according to statistics released today by the U.S. Bureau of Economic Analysis.
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BEA reports U.S GDP growth at annual rate of three percent for second quarter
The U.S. Bureau of Economic Analysis (BEA) has released its third estimate for the second quarter of 2024, showing a 3.0 percent annual increase in real gross domestic product (GDP). This follows a revised 1.6 percent increase in the first quarter.
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U.S international investment position shows deficit increase in Q2 2024
The U.S. net international investment position, which measures the difference between U.S. residents' foreign financial assets and liabilities, stood at –$22.52 trillion at the end of the second quarter of 2024. This information was released by the U.S. Bureau of Economic Analysis.
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U.S trade deficit widens to nearly \$79 Billion as imports surge
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $78.8 billion in July, up $5.8 billion from $73.0 billion in June, revised.
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U.S trade deficit rises to \$78\.8 Billion in July
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $78.8 billion in July, up $5.8 billion from a revised figure of $73.0 billion in June.
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US Bureau reports rise in income and consumer expenditures for July
Personal income increased by $75.1 billion, or 0.3 percent at a monthly rate, in July 2024, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI), which is personal income less personal current taxes, rose by $54.8 billion (0.3 percent) and personal consumption expenditures (PCE) increased by $103.8 billion (0.5 percent).
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U.S economy shows growth as GDP rises by three percent
Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2024, according to the "second" estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP increased by 1.4 percent.
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Employment and financial metrics of US multinational enterprises show growth in FY2022
Worldwide employment by U.S. multinational enterprises (MNEs) increased 2.2 percent to 44.3 million workers in 2022 from 43.3 million workers in 2021, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA).
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U.S trade deficit decreases slightly as exports outpace import growth
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $73.1 billion in June, down $1.9 billion from $75.0 billion in May, revised.
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Puerto Rico's GDP decreased by 2.5% amid rising imports
Real gross domestic product (GDP) for Puerto Rico decreased by 2.5 percent in 2022 after a 4.1 percent increase in 2021, according to statistics released by the U.S. Bureau of Economic Analysis. The decrease in real GDP was attributed to an increase in imports, as well as declines in private fixed investment and exports. However, personal consumption expenditures, private inventory investment, and government spending saw increases.
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Puerto Rico's GDP decreased by 2.5% in the year of economic challenges
El producto interior bruto real (PIB) para Puerto Rico decreció 2.5 por ciento en 2022, luego de crecer 4.1 por ciento en 2021, de acuerdo con las estadísticas difundidas hoy por el Negociado de Análisis Económico de EE. UU. (BEA). El decrecimiento en el PIB real en 2022 reflejó un aumento en las importaciones —que son un elemento de resta en el cálculo del PIB— así como decrecimientos en la inversión privada en capital fijo y en las exportaciones. Los gastos de consumo personal, la inversión privada en inventarios y los gastos de gobierno aumentaron.
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US direct investments abroad rose to $6T+; foreign investments hit new highs
The U.S. direct investment abroad position, or cumulative level of investment, increased by $364.0 billion to $6.68 trillion at the end of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The increase reflected a $147.1 billion rise in the position in Europe, primarily in Ireland, Switzerland, and the Netherlands. By industry, holding company affiliates had the largest increase.
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Marine economy's contribution to US GDP rises to $476 Billion in 2022
The U.S. Bureau of Economic Analysis (BEA) has released the Marine Economy Satellite Account statistics for 2022, revealing that the marine economy contributed $476.2 billion, or 1.8 percent, to the current-dollar U.S. gross domestic product (GDP). This marks an increase from $424.2 billion in 2021. The marine economy also accounted for 1.7 percent, or $776.9 billion, of current-dollar gross output.
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Guam's GDP rises by 5.1% in 2022 driven by export surge
Real gross domestic product (GDP) for Guam increased by 5.1 percent in 2022, following a 2.1 percent increase in 2021, according to statistics released by the U.S. Bureau of Economic Analysis (BEA). These figures were developed under the Statistical Improvement Program, funded by the Office of Insular Affairs (OIA) of the U.S. Department of the Interior.
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Real GDP decreases in second quarter by 1.6%: 'Imports decelerated'
The Bureau of Economic Analysis (BEA) recently conducted a "second" estimate showing that the nation's real gross domestic product (GDP) decreased at an annual rate of 0.6% in the second quarter of 2022.
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MOUSA employment decreased in 2020, possibly due to COVID-19
The number of people employed by majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises dropped from 2019 to 2020, and COVID-19 may have been to blame.
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GDP increased in fourth quarter of 2021
Real gross domestic product (GDP) increased at an annual rate of 6.9 percent in the fourth quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.3 percent.