Real gross domestic product (GDP) increased 2.0 percent in the second quarter of 2019, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was the same as in the “second” estimate released in August. In the first quarter, real GDP rose 3.1 percent.
The BEA Wire | BEA's Official Blog
State Personal Income, Second Quarter 2019
September 24, 2019
State personal income increased 5.4 percent at an annual rate in the second quarter of 2019, a deceleration from the 6.2 percent increase in the first quarter. The percent change in personal income across all states ranged from 7.5 percent in Texas to unchanged in North Dakota.
Prototype Stats Show Each State's Outdoor Recreation Economy
September 20, 2019
New prototype outdoor recreation statistics show state value added, compensation, and employment for all 50 states and the District of Columbia.
U.S. Current Account Deficit Narrows in Second Quarter 2019
September 19, 2019
The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, narrowed by $8.0 billion, or 5.9 percent, to $128.2 billion in the second quarter of 2019.
Coming Soon: State Outdoor Recreation Statistics
September 6, 2019
BEA will release prototype statistics on Sept. 20 showing the role that outdoor recreation – pursuits like bicycling, RVing, and fishing – plays in each state’s economy. This will mark the first time state data are included in BEA’s outdoor recreation statistics.
BEA to Hold Sept. 10 Webinar on BE-140 Benchmark Survey of Insurance Services
September 5, 2019
BEA will conduct a webinar on Sept. 10 for those required to fill out the BE-140, a benchmark survey that collects information on insurance transactions between U.S. insurance companies and foreign persons.The one-hour webinar will start at 1 p.m. EDT and detail reporting requirements for the survey, which is due to the Bureau of Economic Analysis by Sept. 30.
July 2019 Trade Gap Is $54.0 Billion
September 4, 2019
The U.S. monthly international trade deficit decreased in July 2019, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $55.5 billion in June (revised) to $54.0 billion in July, as exports increased and imports decreased.
BEA Updates Regional Economic Impact Tool
September 3, 2019
The U.S. Bureau of Economic Analysis has updated its regional economic modeling system used by local planners, investors, and policymakers. This tool can help assess the potential economic effects of a new corporate headquarters, a highway project, or new regulations.
Real Consumer Spending Rises in July
August 30, 2019
Personal income increased 0.1 percent in July after increasing 0.5 percent in June. Wages and salaries, the largest component of personal income, increased 0.2 percent in July after increasing 0.5 percent in June.
GDP Increases in Second Quarter
August 29, 2019
Real gross domestic product (GDP) increased 2.0 percent in the second quarter of 2019, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.1 percentage point lower than the “advance” estimate released in July.
American Samoa GDP Increases in 2018
August 23, 2019
The Bureau of Economic Analysis released estimates of gross domestic product (GDP) for American Samoa for 2018, in addition to estimates of GDP by industry and compensation by industry for 2017.
Activities of U.S. Multinational Enterprises, 2017
August 23, 2019
Worldwide employment by U.S. multinational enterprises (MNEs) increased 0.4 percent to 42.5 million workers in 2017 from 42.3 million in 2016.
Highlights of the statistics on employment by U.S. parents in 2017: