The BEA Wire | BEA's Official Blog
BEA to Expand Coverage of Intellectual Property Rights
BEA to Move to Accrual Accounting for Defined Benefit Pension Plans
U.S. Current-Account Deficit Increases in First Quarter 2013
The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—increased to $106.1 billion (preliminary) in the first quarter of 2013 from $102.3 billion (revised) in the fourth quarter of 2012. As a percentage of U.S.
BEA Introduces New Measures of the Regional Economy
Today, the U.S. Bureau of Economic Analysis released experimental real, or inflation-adjusted, estimates of personal income for states and metropolitan areas.
Widespread State Economic Growth in 2012
April 2013 Trade Gap is $40.3 Billion
The U.S. monthly international trade deficit increased in April 2013 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $37.1 billion (revised) in March to $40.3 billion in April as imports increased more than exports.
Real Consumer Spending Slows Slightly
Personal income remained flat in April after increasing 0.3 percent in March. Wages and salaries, the largest component of personal income, remained flat in April after increasing 0.2 percent in March.
GDP Growth Accelerates in First Quarter
Real gross domestic product (GDP) increased 2.4 percent in the first quarter of 2013 after increasing 0.4 percent in the fourth quarter of 2012, according to estimates released by the Bureau of Economic Analysis.
May 31st Deadline for Returning Completed Foreign Direct Investment Surveys Draws Near
The May 31st deadline is rapidly approaching for people to return their completed BE–12 surveys to the U.S. Bureau of Economic Analysis.
March 2013 Trade Gap is $38.8 Billion
The U.S. monthly international trade deficit decreased in March 2013 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $43.6 billion (revised) in February to $38.8 billion in March as imports decreased more than exports.
Real Consumer Spending Increased in March
Personal income increased 0.2 percent in March after increasing 1.1 percent in February. Wages and salaries, the largest component of personal income, increased 0.2 percent in March after increasing 0.7 percent in February.
GDP Growth Picks Up in the First Quarter
Real gross domestic product (GDP) accelerated in the first quarter of 2013, increasing 2.5 percent after increasing 0.4 percent in the fourth quarter of 2012, according to estimates released by the Bureau of Economic Analysis.