The BEA Wire | BEA's Official Blog

Both outbound and inbound U.S. foreign direct investment continued to grow in 2013. The U.S.

State personal income increased 0.8 percent on average in the first quarter of 2014, an acceleration from the 0.5 percent growth in the fourth quarter of 2013. Personal income grew in 46 states and growth accelerated in 24 of those states.

As one of the federal government’s premier producers of economic statistics, the Bureau of Economic Analysis is all about data all of the time.

Wednesday, June 18, 2014, was a big day for big data. The Commerce Department participated in the inaugural Open Data Roundtable at the White House, with GovLab at NYU and the White House Office of Science and Technology Policy.

The U.S.

You may have noticed some data on international travel services look a little bit different.

Developers, do you want to bring more detailed economic data to your next app? The Bureau of Economic Analysis (BEA) recently added several data sets to the application programming interface (API) we launched last year.

With this release, statistics on trade in goods and services for January 1999 to March 2014 are revised to reflect newly available and revised source data, changes in estimation methods, and changes in definitions and classifications.

Personal income increased 0.3 percent in April after increasing 0.5 percent in March. Wages and salaries, the largest component of personal income, increased 0.2 percent after increasing 0.6 percent.

 Real gross domestic product (GDP) decreased 1.0 percent in the first quarter of 2014, according to the “second” estimate released today by the Bureau of Economic Analysis. In the fourth quarter of 2013, real GDP increased 2.6 percent.

In June, BEA’s international data will be most significant restructuring of BEA’s international data since 1976.