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U.S. Bureau of Economic Analysis
U.S. International Trade in Goods and Services, January 2014
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total January exports of $192.5 billion and imports of $231.6 billion resulted in a goods and services deficit of $39.1 billion, up from $39.0 billion in December, revised. Janua......
Personal Income and Outlays, January 2014
Personal income increased $43.9 billion, or 0.3 percent, and disposable personal income (DPI) increased $45.2 billion, or 0.4 percent, in January, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $48.1 billion, or 0.4 percent. In December, personal inco......
Gross Domestic Product, Fourth Quarter and Annual 2013 (second estimate)
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 2.4 percent in the fourth quarter of 2013 (that is, from the third quarter to the fourth quarter), according to the "second" estimate released......
Revised Statistics of Gross Domestic Product by Industry for 1997-2012
With this release, the Bureau of Economic Analysis (BEA) has provided new and expanded detail on the industry sources of U.S. economic growth in 2012. These newly available data, which reflect the results of the 2014 comprehensive revision of the annual industry accounts, confirm the widespread grow......
U.S. International Investment Position, End of 3rd quarter 2013
The U.S. net international investment position at the end of the third quarter of 2013 was -$4,165.6 billion (preliminary), as the value of foreign investments in the United States exceeded the value of U.S. investments abroad. At the end of the second quarter, the U.S. net international investment......
State Quarterly Personal Income, 1st quarter 2013-3rd quarter 2013
State personal income growth slowed slightly to 1.1 percent in the third quarter of 2013, from 1.2 percent in the second quarter, according to estimates released today by the U.S. Bureau of Economic Analysis. Growth slowed in 25 states, accelerated in 22, and was unchanged in 3 states and the Distri......
Benchmark Input-Output Account of the U.S. Economy, 2007
The Bureau of Economic Analysis (BEA) today released its 2007 Benchmark Input-Output (I-O) Account of the U.S. Economy. This widely used account—which provided the foundation for BEA’s 2013 comprehensive revision of its gross domestic product (GDP) statistics—offers a comprehensive picture of the i......
Travel and Tourism Satellite Accounts, 3rd quarter 2013
Real spending on travel and tourism decelerated in the third quarter of 2013, increasing at an annual rate of 2.5 percent after increasing 3.5 percent (revised) in the second quarter of 2013. By comparison, growth in real gross domestic product (GDP) accelerated, increasing 3.6 percent (second esti......
U.S. International Transactions, 3rd quarter 2013
The U.S. current-account deficit the combined balances on trade in goods and services, income, and net unilateral current transfers decreased to $94.8 billion (preliminary) in the third quarter from $96.6 billion (revised) in the second quarter. The deficit decreased to 2.2 percent of current-dollar......
Gross Domestic Product for Guam
The estimates of GDP for Guam show that real GDP – GDP adjusted to remove price changes – decreased 0.6 percent in 2011 and increased 0.5 percent in 2012 (see Table 1.3). For comparison, real GDP for the U.S. (excluding the territories) increased 1.8 percent in 2011 and 2.8 percent in 2012.
Hiring surprisingly stronger in February
Read full story for latest details.
CNNMoney's Economy Now blog
Worker health insurance costs $1,200 more
Employees are shelling out 28% more for workplace health benefits than just three years ago.
China to fight pollution with drones
China declared this week a battle against pollution, and has fortified its war chest with a new weapon: a smog-clearing drone.
The real reasons to export U.S. gas
The crisis in Ukraine has sparked calls for the U.S. to step up its natural gas exports. The hope is that increased supplies will weaken the hand of Russia, Iran or other nations in future confrontations.
Few uninsured gaining Obamacare coverage
Few uninsured Americans are gaining coverage under Obamacare, though the number has been growing recently.
China has first corporate default
A small Chinese solar firm has defaulted on its debt -- the first of its kind for China -- perhaps pointing to the end of 11th-hour government bailouts for troubled enterprises.
Russia paying price for Ukraine crisis
Russia is already paying a heavy price for intervening in Ukraine, Western officials said Thursday.
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