The BEA Wire | BEA's Official Blog

This is a guest blog by Vinai Thummalapally, Executive Director of SelectUSA.

In the past two days, the Commerce Department’s Bureau of Economic  Analysis (BEA) has released two brand new sets of economic statistics that business people, entrepreneurs, policy makers, households and others can use to make more informed decisions in their professional and personal lives

Guam’s real gross domestic product — adjusted to remove price changes — increased 1 percent in 2014.   For comparison, economic growth for the United States (excluding the territories) increased 2.4 percent during the same period.

Today, the U.S. Bureau of Economic Analysis released official statistics on personal consumption expenditures (PCE) by state for 1997-2014.

Statistics detailing the amount and type of new investment made in the United States by foreign direct investors to acquire, establish, or expand U.S. businesses are now available from the Bureau of Economic Analysis.

New statistics detailing consumer spending by state will be released Tuesday, Dec. 1 at 8:30 a.m. eastern time by the U.S. Bureau of Economic Analysis.

Personal income increased 0.4 percent in October, after increasing 0.2 percent in September. Wages and salaries, the largest component of personal income increased 0.6 percent in October after remaining flat in September.

Real gross domestic product (GDP) increased 2.1 percent in the third quarter of 2015, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was revised up 0.6 percentage point from the “advance” estimate released in October.

What are consumer spending patterns in California compared to New York? Which states are attracting new foreign investment?  How are different industries in each state performing on a quarterly basis?

WASHINGTON – New statistics detailing the amount and type of new direct investment made in the United States by foreign investors will be released by the Bureau of Economic Analysis on Monday, Nov. 30.

Personal income grew in 2014 in 2,662 counties, fell in 438, and was unchanged in 13. On average, personal income rose 4.6 percent in 2014 in the metropolitan portion of the United States and rose 3.2 percent in the nonmetropolitan portion.

Statistics detailing the activities of U.S. affiliates of foreign multinational enterprises (MNEs) are now available from the U.S.