Did you know that Bureau of Economic Analysis (BEA) regional economic statistics, such as the annual state personal income statistics released September 25, 2012, are used to allocate billions of dollars in federal funds to state and local governments?
The BEA Wire | BEA's Official Blog
August 2012 Trade Gap is $44.2 Billion
The U.S. monthly international trade deficit increased in August 2012, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $42.5 billion (revised) in July to $44.2 billion in August, as exports decreased more than imports.
BEA Updates Tool Used by Investors, Planners; Here's How RIMS II Works
The Bureau of Economic Analysis (BEA) updated its Regional Input-Output Modeling System (RIMS II), a tool used by investors, regional planners, and government officials to gauge the impact of a change in economic activity on a local community or a particular region of the country.
Real Consumer Spending Slows in August
Personal income increased 0.1 percent in August, the same increase as in July.
GDP Growth Slows in Second Quarter
Real gross domestic product (GDP) rose 1.3 percent in the second quarter of 2012 after rising 2.0 percent in the first quarter, according to the third estimate released today by the Bureau of Economic Analysis.
State Personal Income: Second Quarter 2012
State personal income growth slowed to 1.0 percent in the second quarter of 2012 from 1.7 percent in the first quarter. Growth slowed in 39 states plus the District of Columbia, accelerated in 10, and was unchanged in Nevada.
Guam's Economy Grew 1.2 Percent in 2010
The economy of Guam grew 1.2 percent in 2010, according to new data from the Bureau of Economic Analysis (BEA). The growth in real gross domestic product (GDP) largely reflected increases in territorial and federal government spending, along with a shrinking territorial trade deficit.
Travel and Tourism Spending Increases
The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—decreased to $117.4 billion (preliminary) in the second quarter of 2012 from $133.6 billion (revised) in the first quarter of 2012. As a percentage of U.S.
U.S. Current-Account Deficit Decreases in Second Quarter 2012
The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—decreased to $117.4 billion (preliminary) in the second quarter of 2012 from $133.6 billion (revised) in the first quarter of 2012. As a percentage of U.S.
Northern Mariana Islands' Economy Grew in 2010
The economy of the Commonwealth of the Northern Mariana Islands (CNMI) grew 2.3 percent in 2010, according to new estimates from the Bureau of Economic Analysis (BEA).
BEA Wins Award for Interactive Data Tables
The Bureau of Economic Analysis (BEA) is being recognized for an innovation that makes our data easier for people to access.
July 2012 Trade Gap is $42.0 Billion
The U.S. monthly international trade deficit increased in July 2012, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $41.9 billion (revised) in June to $42.0 billion in July, as exports decreased more than imports.