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U.S. Bureau of Economic Analysis

U.S. Bureau of Economic Analysis
BEA - Bureau of Economic Analysis
  1. U.S. International Trade in Goods and Services, December 2015
    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $43.4 billion in December, up $1.1 billion from $42.2 billion in November, revised. December exports were $181.5 billion, $0.5 billion less than November exports. December imports were $224.9 billion, up $0.6 billion from November. Full Text
  2. Personal Income and Outlays, December 2015
    Personal income increased $42.5 billion, or 0.3 percent, and disposable personal income (DPI) increased $37.8 billion, or 0.3 percent, in December, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $0.7 billion, or less than 0.1 percent. In November, personal income increased $44.3 billion, or 0.3 percent, DPI increased $33.4 billion, or 0.2 percent, and PCE increased $59.4 billion, or 0.5 percent, based on revised estimates. Full Text
  3. Gross Domestic Product, 4th quarter and annual 2015 (advance estimate)
    Real gross domestic product -- the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production, adjusted for price changes -- increased at an annual rate of 0.7 percent in the fourth quarter of 2015, according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.0 percent. Full Text
  4. Gross Domestic Product by Industry, 3rd quarter 2015
    Retail trade; health care and social assistance; and agriculture, forestry, fishing, and hunting were the leading contributors to the increase in U.S. economic growth in the third quarter of 2015, according to statistics on the breakout of gross domestic product (GDP) by industry released today by the Bureau of Economic Analysis (BEA). Overall, 15 of 22 industry groups contributed to the 2.0 percent increase in real GDP in the third quarter. Full Text
  5. Gross Domestic Product for American Samoa, 2014
    The estimates of GDP for American Samoa show that real GDP -- GDP adjusted to remove price changes -- increased 1.6 percent in 2014 (see Table 1.3). For comparison, real GDP for the U.S. (excluding the territories) increased 2.4 percent in 2014. Full Text
  6. U.S. International Investment Position, 3rd quarter 2015
    The U.S. net international investment position at the end of the third quarter of 2015 was -$7,269.8 billion (preliminary), as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the second quarter of 2015, the net position was -$6,743.1 billion (revised). The $526.7 billion decrease in the net position reflected a $1,233.3 billion decrease in the value of U.S. assets that exceeded a $706.6 billion decrease in the value of U.S. liabilities. Full Text
  7. State Quarterly Personal Income, 1st quarter 2015 - 3rd quarter 2015
    State personal income grew 1.3 percent on average in the third quarter of 2015, the same pace as in the second quarter. Personal income grew in every state with third-quarter personal income growth rates ranging from 0.6 percent in Alaska to 2.2 percent in Nebraska and South Dakota. Full Text
  8. U.S. International Transactions, 3rd quarter 2015
    The U.S. current-account deficit-a net measure of transactions between the United States and the rest of the world in goods, services, primary income (investment income and compensation), and secondary income (current transfers)-increased to $124.1 billion (preliminary) in the third quarter of 2015 from $111.1 billion (revised) in the second quarter. The deficit increased to 2.7 percent of current-dollar gross domestic product (GDP) from 2.5 percent in the second quarter. The increase in the current-account deficit was largely accounted for by a decrease in the surplus on primary income and an increase in the deficit on secondary income. Full Text
  9. Gross Domestic Product for U.S. Virgin Islands (USVI), 2014
    The Virgin Islands economy continued to contract in 2014, although at a much slower rate than in the previous 3 years. The estimates of GDP for the U.S. Virgin Islands show that real GDP -- GDP adjusted to remove price changes -- decreased 0.6 percent in 2014 (see Table 1.3). For comparison, real GDP for the U.S. (excluding the territories) increased 2.4 percent in 2014. Full Text
  10. Travel and Tourism Satellite Accounts, 3rd quarter 2015
    Real spending (output) on travel and tourism decelerated in the third quarter of 2015, increasing at an annual rate of 4.3 percent after increasing 8.4 percent (revised) in the second quarter of 2015. Real gross domestic product (GDP) also decelerated, increasing 2.1 percent (second estimate) in the third quarter after increasing 3.9 percent. Full Text
  11. Gross Domestic Product by State, 2nd Quarter 2015
    Real gross domestic product (GDP) increased in 46 states and the District of Columbia in the second quarter of 2015. Overall, U.S. real GDP by state grew at an annual rate of 3.8 percent in the second quarter of 2015 after increasing 0.7 percent in the first quarter of 2015. Finance and insurance; professional, scientific, and technical services; and wholesale trade were the leading contributors to real U.S. economic growth in the second quarter. Full Text
  12. Gross Domestic Product for Guam, 2014
    The estimates of GDP for Guam show that real GDP -- GDP adjusted to remove price changes -- increased 1.0 percent in 2014 (see Table 1.3). For comparison, real GDP for the U.S. (excluding the territories) increased 2.4 percent in 2014. Full Text
  13. Personal Consumption Expenditures by State, 1997-2014
    Today, the U.S. Bureau of Economic Analysis released its first set of official statistics on personal consumption expenditures (PCE) by state for 1997-2014. PCE by state - the measure of goods and services purchased by or on behalf of households by state of residence - provides insight into household spending patterns across states and can be used together with other regional data to gain a better understanding of regional economies. Full Text
  14. New Foreign Direct Investment in the United States, 2014
    Expenditures by foreign direct investors for new investment--that is, to acquire, establish, or expand U.S. businesses--totaled $241.3 billion in 2014, according to the Bureau of Economic Analysis (BEA) in statistics released today. Acquisitions accounted for most of the investment. Full Text
  15. Local Area Personal Income, 2012 - 2014
    Personal income grew in 2014 in 2,662 counties, fell in 438, and was unchanged in 13, according to estimates released today by the U.S. Bureau of Economic Analysis. On average, personal income rose 4.6 percent in 2014 in the metropolitan portion of the United States and rose 3.2 percent in the nonmetropolitan portion. The metropolitan and nonmetropolitan portions grew 1.1 percent and 1.9 percent, respectively, in 2013. The percent change from 2013 to 2014 in personal income ranged from -35.1 percent in Wallace County, Kansas to 83.7 percent in McPherson County, Nebraska. Full Text
  16. Gross Domestic Product by Metropolitan Area, Advance 2014 and Revised 2001-2013
    Real GDP increased in 282 of the nation's 381 metropolitan areas in 2014, led by growth in several industry groups: professional and business services, wholesale and retail trade, and the group of finance, insurance, real estate, rental, and leasing. Natural resources and mining remained a strong contributor to growth in several metropolitan areas. Collectively, real GDP for U. S. metropolitan areas increased 2.3 percent in 2014 after increasing 1.9 percent in 2013. Full Text
  17. Real Personal Income for States and Metropolitan Areas, 2013
    Real personal income across all regions rose by an average of 0.8 percent in 2013. This growth rate reflects the year-over-year change in nominal personal income across all regions adjusted by the change in the national personal consumption expenditures (PCE) price index. On a nominal basis, personal income across all regions grew an average of 2.0 percent in 2013. In 2013, the U.S. PCE price index grew 1.2 percent. Full Text
  18. Impact of Arts and Culture on U.S. Economy
    Nominal value added from all arts and cultural production (ACP) industries- a measure of this sector's contribution to gross domestic product (GDP)-increased 3.8 percent, or $25.8 billion in 2012, according to new statistics released by the Bureau of Economic Analysis (BEA). Value added for ACP accounted for 4.3 percent, or $698.7 billion, of GDP. Full Text
  19. Gross Domestic Product for the Commonwealth of the Northern Mariana Islands (CNMI), 2013
    The estimates of GDP for the CNMI show that real GDP - GDP adjusted to remove price changes - increased 4.4 percent in 2013 (see Table 1.3). For comparison, real GDP for the U.S. (excluding the territories) increased 2.2 percent in 2013. The growth in the CNMI's economy reflected increases in consumer spending and exports of services (see Table 1.4). Full Text
  20. Quarterly Gross Domestic Product by State, 2005-2013 (prototype statistic)
    Today, the U.S. Bureau of Economic Analysis released prototype statistics of quarterly gross domestic product (GDP) by state for 2005-2013. These new statistics provide a more complete picture of economic growth across states that can be used with other regional data to gain a better understanding of regional economies as they evolve from quarter to quarter. The new data provide a fuller description of the accelerations, decelerations, and turning points in economic growth at the state level, including key information about changes in the distribution of industrial infrastructure across states. These prototype statistics are released for evaluation and comment by data users. Full Text

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