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U.S. Bureau of Economic Analysis
Personal Income and Outlays, July 2016
Personal income increased $71.6 billion (0.4 percent) in July according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $60.1 billion (0.4 percent) and personal consumption expenditures (PCE) increased $42.0 billion (0.3 percent). Gross Domestic Product for American Samoa, 2015
The estimates of GDP for American Samoa show that real GDP--GDP adjusted to remove price changes--increased 1.1 percent in 2015 after increasing 1.3 percent in 2014 (see Table 1.3). For comparison, real GDP for the United States (excluding the territories) increased 2.6 percent in 2015 after increas......
U.S. International Trade in Goods and Services, June 2016
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $44.5 billion in May, up $3.6 billion from $41.0 billion in May, revised. June exports were $183.2 billion, $0.6 billion more than May exports......
Gross Domestic Product by State, 1st quarter 2016
Real gross domestic product (GDP) increased in 37 states and the District of Columbia in the first quarter of 2016, according to statistics on the geographic breakout of GDP released today by the Bureau of Economic Analysis. Real GDP by state growth, at an annual rate, ranged from 3.9 percent in Ark......
Gross Domestic Product by Industry, 1st quarter 2016
Construction; health care and social assistance; and retail trade were the leading contributors to the increase in U.S. economic growth in the first quarter of 2016. According to statistics on the breakout of gross domestic product (GDP) by industry released by the Bureau of Economic Analysis, 11 of......
New Foreign Direct Investment in the United States, 2014 and 2015
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $420.7 billion in 2015, an increase of 68 percent from 2014, when expenditures were $250.6 billion. In 2015, as in 2014, the majority of the expenditures were to acquire existing businesses. In 2015, ......
Real Personal Income for States and Metropolitan Areas
Real personal income across all regions rose by an average of 2.9 percent in 2014. This growth rate reflects the year-over-year change in nominal personal income across all regions adjusted by the change in the national personal consumption expenditures (PCE) price index. On a nominal basis, persona......
U.S. International Investment Position, 1st quarter 2016, Year 2015, and Annual Revisions
The U.S. net international investment position at the end of the first quarter of 2016 was -$7,525.6 billion (preliminary) as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the fourth quarter of 2015, the net investment position was -$7,280.6 billion (revised).
Travel and Tourism Satellite Accounts, 1st quarter 2016 and annual revisions
Real spending (output) on travel and tourism accelerated in the first quarter of 2016, increasing at an annual rate of 5.2 percent after increasing 1.5 percent (revised) in the fourth quarter of 2015. Real gross domestic product (GDP) decelerated, increasing 0.8 percent in the first quarter (second......

Economy News
These powerful gold buyers are losing their appetite
Global central banks are showing signs of gold buying fatigue. Gold demand at these powerful institutions recently dropped to a five-year low.
Nobel prize winner tells Clinton: Tax fossil fuels
Read full story for latest details.
These capital cities are a brake on their economies
Capital cities are often the engines of growth in their national economies, but not for all.
Nearly 10,000 workers sue Chipotle for unpaid wages
Read full story for latest details.
Top German official: EU-U.S. free trade talks have failed
Talks between the U.S. and Europe on a huge free trade deal have failed, according to Germany's economics minister.
Drawing more uninsured into Obamacare is critical to its survival
Obamacare needs to get more healthy people into the exchanges to bring back insurers.
Calls grow for U.S. government to spend more
On Friday Janet Yellen reiterated again that the government has to spend more during crises. Both Hillary Clinton and Donald Trump want to boost spending.
Janet Yellen says Fed rate hike odds have 'strengthened'
Federal Reserve Chair Janet Yellen signaled in a speech in Jackson, Wyoming, that an interest rate increase could be on the horizon.

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Maricopa County Department of Finance
301 W. Jefferson, Suite 960
Phoenix, AZ 85003-2906
Ph: 602-506-3561
Fax: 602-506-3439
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