The BEA Wire | BEA's Official Blog
GDP Increases in Fourth Quarter
State Personal Income Rises in 2017
State personal income increased 3.1 percent on average in 2017, after increasing 2.3 percent in 2016. In 2017, personal income increased in all states and the District of Columbia except one, North Dakota.
U.S. Current-Account Deficit Increases in Fourth Quarter 2017
The U.S. current-account deficit increased to $128.2 billion (preliminary) in the fourth quarter of 2017 from $101.5 billion (revised) in the third quarter of 2017. As a percentage of U.S. GDP, the deficit increased to 2.6 percent from 2.1 percent.
Initial Estimates Show Digital Economy Accounted for 6.5 Percent of GDP in 2016
The Bureau of Economic Analysis released, for the first time, preliminary statistics and an accompanying report exploring the size and growth of the digital economy. Goods and services that are primarily digital accounted for 6.5 percent of the U.S.
Initial Statistics on the Size and Growth of the Digital Economy to be Released Thursday
The Bureau of Economic Analysis will release, for the first time, preliminary statistics and an accompanying report exploring the size and growth of the digital economy at 10:30 a.m. on Thursday, March 15.
BEA Works with Partners to Understand Differences in Bilateral Trade Statistics
Trade statistics produced by the Bureau of Economic Analysis provide policymakers and other stakeholders with critical information for understanding the role of the United States in the global economy.
January 2018 Trade Gap is $56.6 Billion
The U.S. monthly international trade deficit increased in January 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $53.9 billion in December (revised) to $56.6 billion in January, as exports decreased more than imports.
2017 Trade Gap is $568.4 Billion
The U.S. international trade deficit increased in 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $504.8 billion in 2016 to $568.4 billion in 2017, as imports increased more than exports. As a percentage of U.S.
New Arts and Culture Stats Zoom in on States
In the big picture, arts and culture account for 4.2 percent of the U.S. economy in the Bureau of Economic Analysis' latest statistics. Want to zoom in for a close-up? Now you can, using detailed data that are available for each state for the first time.
Disposable Personal Income Rises in January
Personal income increased 0.4 percent in January, the same increase as in December. Wages and salaries, the largest component of personal income, increased 0.5 percent in January after increasing 0.4 percent in December.
GDP Increases in Fourth Quarter
Coming Attraction: See How Arts and Culture Impact Every State
The Bureau of Economic Analysis is lifting the curtain on the role arts and culture play in each state's economy.