The BEA Wire | BEA's Official Blog

The Bureau of Economic Analysis released estimates of gross domestic product for Guam for 2015, in addition to estimates of GDP by industry and compensation by industry for 2014.

The U.S. current-account deficit decreased to $119.9 billion (preliminary) in the second quarter of 2016 from $131.8 billion (revised) in the first quarter of 2016. As a percentage of current-dollar U.S. GDP, the deficit decreased to 2.6 percent from 2.9 percent.

Real Tourism Spending.

The U.S. monthly international trade deficit decreased in July 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $44.7 billion in June (revised) to $39.5 billion in July, as exports increased and imports decreased.

Personal income increased 0.4 percent in July after increasing 0.3 percent in June. Wages and salaries, the largest component of personal income, increased 0.5 percent in July, the same increase as in June.

Real gross domestic product (GDP) increased 1.1 percent in the second quarter of 2016, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.1 percentage point less than the “advance” estimate released in July.

New statistics detailing the activities of U.S. affiliates of foreign multinational enterprises (MNEs) are now available from the U.S. Bureau of Economic Analysis.

Estimates of gross domestic product for American Samoa sh

This is a guest blog by the Department of Interior

Assistant Secretary for Insular Areas Esther Kia’aina  announced today that the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) has released gross domestic product (GDP) data for 2015 for American Samoa.

The U.S. monthly international trade deficit increased in June 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $41.0 billion in May (revised) to $44.5 billion in June, as imports increased more than exports.