Information Industry Group Led Growth Across States in the Fourth Quarter

Real gross domestic product (GDP) increased in 41 states and the District of Columbia in the fourth quarter of 2015, according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis.

April 2016 Trade Gap is $37.4 Billion

The U.S. monthly international trade deficit increased in April 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $35.5 billion in March (revised) to $37.4 billion in April, as imports increased more than exports.

BEA Moves Ahead on Second Phase to Combat Potential for Residual Seasonality in GDP

The Bureau of Economic Analysis is moving ahead on the second phase of a three-pronged plan to refine its estimates of gross domestic product by reducing potential sources of “residual” seasonality.  That’s when seasonal patterns remain in data even after they are adjusted for seasonal varia

Personal Income Rises in April

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

GDP Increases in First Quarter

Real gross domestic product (GDP) increased 0.8 percent in the first quarter of 2016, according to the “second” estimate released today by the Bureau of Economic Analysis. The growth rate was 0.3 percentage point higher than the “advance” estimate released last month.

First Estimates of GDP Will Include More Census Bureau Data

The Bureau of Economic Analysis is constantly working with our data partners to make GDP — our signature measure of the ever-changing U.S. economy — even better. As part of that effort, our sister statistical agency, the U.S.

March 2016 Trade Gap is $40.4 Billion

The U.S. monthly international trade deficit decreased in March 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $47.0 billion in February (revised) to $40.4 billion in March, as imports decreased more than exports.

Personal Income Rises in March

Personal income increased 0.4 percent in March after increasing 0.1 percent in February. Wages and salaries, the largest component of personal income, increased 0.4 percent in March after decreasing 0.1 percent in February.

GDP Increases in First Quarter

Real gross domestic product (GDP) increased 0.5 percent in the first quarter of 2016, according to the “advance” estimate released today by the Bureau of Economic Analysis. In the fourth quarter of 2015, real GDP increased 1.4 percent.

Industry in Focus: What's the Economic Impact of the Information Industry?

The Information industry, more than just about any other industry, illustrates just how much the U.S. economy has changed over time.

Information Services Led Growth in the Fourth Quarter

Information; construction; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2015. Overall, 16 of 22 industry groups contributed to the 1.4 percent increase in real GDP in the fourth quarter.

BEA to Host Webinar on Wednesday to Explain Change Simplifying How Private Funds Report

The Bureau of Economic Analysis and the Treasury Department are preparing to implement a change that will simplify how certain cross-border investments by or into private funds are reported on Treasury International Capital, or TIC, surveys of portfolio investment and BEA surveys of direct invest