Real gross domestic product (GDP) increased 1.2 percent in the first quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.5 percentage points higher than the “advance” estimate released in April.
The BEA Wire | BEA's Official Blog
Picking the Right Health Care Price Index
Researchers studying the hot topic of rising health care costs face a complicated choice: which price index to use.
There’s an array of government inflation indexes that differ in scope, formula and data sources. Choosing the right one can be critical to your research findings.
In-depth Data on Foreign Investment Get an Update
The Bureau of Economic Analysis has updated its most detailed data on foreign-owned businesses in the United States, providing an extraordinary level of detail for researchers and others interested in the effects of foreign direct investment in U.S. states and specific industries.
Finance and Insurance Led Growth Across States in the Fourth Quarter
Real gross domestic product (GDP) increased in every state and the District of Columbia in the fourth quarter of 2016, according to statistics on the geographic breakout of GDP released today by the U.S. Bureau of Economic Analysis.
March 2017 Trade Gap is $43.7 Billion
The U.S. monthly international trade deficit decreased in March 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $43.8 billion in February (revised) to $43.7 billion in March, as imports decreased more than exports.
Real Consumer Spending Rises in March
Personal income increased 0.2 percent in March after increasing 0.3 percent in February. Wages and salaries, the largest component of personal income, increased 0.1 percent in March after increasing 0.5 percent in February.
GDP Increases in First Quarter
Real gross domestic product (GDP) increased 0.7 percent in the first quarter of 2017, according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2016, real GDP increased 2.1 percent.
New Data Project: Measuring the Economic Impact of Outdoor Recreation
Members of the public, private industry, state and
Finance and Insurance Led Growth in the Fourth Quarter
Finance and insurance; retail trade; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2016.
New Data Showcase Economic Impact of Arts and Culture in U.S. and States
Sure, Broadway and Hollywood employ lots of creative people. But when it comes to artistic and cultural work, not all the action is on the coasts. New data show arts and culture account for a larger share of jobs in Wyoming, Utah and Colorado than they do nationally.
Report on the State-by-state Economic Impact of Arts and Culture Coming April 19
A new report on the state-by-state economic impact of arts and cultural production will be released Wednesday, April 19, at 10 a.m. Eastern time by the Bureau of Economic Analysis.
February 2017 Trade Gap is $43.6 Billion
The U.S. monthly international trade deficit decreased in February 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $48.2 billion in January (revised) to $43.6 billion in February, as exports increased and imports decreased.