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U.S. Bureau of Economic Analysis
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 Trade in Goods and Services, May 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 $41.1 billion in May, up $3.8 billion from $37.4 billion in April, revised. May exports were $182.4 billion, $0.3 billion less than April expor......
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).
Personal Income and Outlays, May 2016
Personal income increased $37.1 billion, or 0.2 percent, and disposable personal income (DPI) increased $33.9 billion, or 0.2 percent, in May, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $53.5 billion, or 0.4 percent. In April, personal income in......
Gross Domestic Product, 1st quarter 2016 (third estimate); Corporate Profits, 1st quarter 2016 (revised estimate)
Real gross domestic product -- the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production, adjusted for price changes -- increased at an annual rate of 1.1 percent in the first quarter of 2016, according to the "third" estimate......
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......
State Quarterly Personal Income, 1st quarter 2016
State personal income grew 1.0 percent on average in the first quarter of 2016, the same pace as in the fourth quarter of 2015. Personal income grew in every state except Wyoming and North Dakota with first-quarter personal income growth rates ranging from -1.3 percent in North Dakota to 1.5 percent......
U.S. International Transactions, 1st quarter 2016 and Annual Revisions
The U.S. current-account deficit-a net measure of transactions between the United States and the rest of the world in goods, services, primary income, and secondary income-increased to $124.7 billion (preliminary) in the first quarter of 2016 from $113.4 billion (revised) in the fourth quarter of 20......

Economy News
Will the public get to see Mike Pence's tax returns?
With one exception, every vice presidential candidate in the past 40 years has released a tax return. Given that Donald Trump hasn't released his tax returns, will Mike Pence be the second exception?
This is how much loss of NBA All-Star Game will cost Charlotte
Charlotte estimates the NBA's decision to pull its All-Star Game out of the city means a loss of $100 million.
Many 2012 Republican campaign promises have come true under .... Obama?
In the 46 months since the last Republican National Convention in Tampa, many of the economic promises made by Republicans actually came true under the Democratic president.
Trump's made 'free trade' a dirty word
Read full story for latest details.
'Stampede' of cash rushing into emerging markets
Read full story for latest details.
Ouch! Brexit leads to 'dramatic deterioration' of UK economy
It's been one month since the U.K. voted to leave the European Union and British businesses are already taking a major hit.
Is America's middle class too pessimistic?
Read full story for latest details.
The entrepreneur trying to save London from Brexit
London's deputy mayor for business says the city is open for business, even as Brexit looms.

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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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