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U.S. Bureau of Economic Analysis
U.S. International Trade in Goods and Services, February 2015
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 $35.4 billion in February, down $7.2 billion from $42.7 billion in January, revised. February exports were $186.2 billion, $3.0 billion less th......
U.S. International Investment Position, 4th quarter 2014
The U.S. net international investment position at the end of the fourth quarter of 2014 was -$6,915.3 billion (preliminary), as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the third quarter of 2014, the net position was -$6,129.4 billion (revised). The $785.8 bil......
Personal Income and Outlays, February 2015
Personal income increased $58.6 billion, or 0.4 percent, and disposable personal income (DPI) increased $54.2 billion, or 0.4 percent, in February, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $11.8 billion, or 0.1 percent. In January, personal in......
Gross Domestic Product, 4th quarter and annual 2014 (third estimate); Corporate Profits, 4th quarter and annual 2014
Real gross domestic product -- the value of the production of goods and services in the United States, adjusted for price changes -- increased at an annual rate of 2.2 percent in the fourth quarter of 2014, according to the "third" estimate released by the Bureau of Economic Analysis. In the third ......
State Quarterly Personal Income, 1st quarter 2014 - 4th quarter 2014; State Annual Personal Income, 2014 (preliminary estimates)
Average state personal income growth accelerated to 3.9 percent in 2014 from 2.0 percent in 2013, according to estimates released today by the U.S. Bureau of Economic Analysis. Growth of state personal income–the sum of net earnings by place of residence, property income, and personal current transf......
U.S. International Transactions, 4th quarter and Year 2014
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 (investment income and compensation), and secondary income (current transfers)-increased to $113.5 billion (preliminary) in the fourth quarter of 2014......
Travel and Tourism Satellite Accounts, 4th quarter 2014
Real spending on travel and tourism accelerated in the fourth quarter of 2014, increasing at an annual rate of 4.5 percent after increasing 3.4 percent (revised) in the third quarter. By comparison, real gross domestic product (GDP) decelerated, increasing 2.2 percent (second estimate) in the fourt......
Gross Domestic Product by Industry, 3rd quarter, 2014
Real gross domestic product (GDP) increased at an annual rate of 5.0 percent in the third quarter of 2014, reflecting positive contributions from 20 of 22 industry groups. The private goods- and services-producing industries, as well as the government sector, contributed to the increase. Finance and......
Impact of Arts and Culture on U.S. Economy
Nominal value added from all arts and cultural production (ACP) industries- a measure of this sector's contribution to gross domestic product (GDP)-increased 3.8 percent, or $25.8 billion in 2012, according to new statistics released by the Bureau of Economic Analysis (BEA). Value added for ACP acc......
Local Area Personal Income, 2011-2013
Personal income grew in 2013 in 2,695 counties, fell in 390, and was unchanged in 28, according to estimates released today by the U.S. Bureau of Economic Analysis. On average, personal income rose 2.0 percent in 2013 in the metropolitan portion of the United States and rose 2.1 percent in the nonme......
Courtesy bea.gov

Economy News
China's anti-corruption campaign: The greatest hits
The anti-corruption campaign spearheaded by Chinese President Xi Jinping has produced some astonishing examples of official wrongdoing.
Hospitals pack up in poor areas, move to wealthy ones
A growing number of hospitals are relocating to higher-income areas in hopes of attracting better paying patients.
More oil industry pain: Halliburton slashes 9,000 jobs
Halliburton said Monday that it has cut 9,000 jobs over the past two quarters as crashing energy prices have forced it to scale back drilling operations.
Pakistan lands $46 billion investment from China
Read full story for latest details.
Royal baby: Gamblers expect Princess Alice
The Duke and Duchess of Cambridge are expecting their second baby and Alice has emerged as the gamblers' name of choice.
China's central bank enters stimulus mode
China's central bank is kicking into gear, launching new stimulus designed to counter the country's slowest economic growth in six years.
U.S. economy isn't growing fast enough
Top Republican and Democratic economists say America's economy still needs help.
Oil job cuts keep coming: Schlumberger lays off 11,000
It's the second big layoff at Schlumberger this year. The oil services company cut 9,000 workers in January.
Courtesy cnn.com




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