• Arts and Cultural Production Satellite Account, U.S. and States, 2023

    The Arts and Cultural Production Satellite Account released by the U.S. Bureau of Economic Analysis shows that arts and cultural economic activity, adjusted for inflation, increased 6.6 percent in 2023 after increasing 3.8 percent in 2022. By comparison, the broader economy, as measured by real gross domestic product (GDP), increased 2.9 percent in 2023 after increasing 2.5 percent in 2022. Arts and cultural economic activity accounted for 4.2 percent of GDP, or $1.17 trillion, in 2023.Full Text
  • U.S. International Trade in Goods and Services, February 2025

    The U.S. monthly international trade deficit decreased in February 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $130.7 billion in January (revised) to $122.7 billion in February, as exports increased and imports decreased. The goods deficit decreased $8.8 billion in February to $147.0 billion. The services surplus decreased $0.8 billion in February to $24.3 billion.Full Text
  • Gross Domestic Product by State and Personal Income by State, 4th Quarter 2024 and Preliminary 2024

    Real gross domestic product increased in 48 states and the District of Columbia in the fourth quarter of 2024, with the percent change ranging from 5.1 percent at an annual rate in Arkansas to 0.6 percent in Vermont and remaining unchanged in Idaho and South Dakota. Personal income, in current dollars, increased in all 50 states and the District of Columbia in the fourth quarter of 2024, with the percent change ranging from 6.1 percent at an annual rate in Delaware to 2.4 percent in Louisiana.Fu
  • Personal Income and Outlays, February 2025

    Personal income increased $194.7 billion (0.8 percent at a monthly rate) in February, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)-personal income less personal current taxes-increased $191.6 billion (0.9 percent) and personal consumption expenditures (PCE) increased $87.8 billion (0.4 percent). Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-increased $118.4 billion in February
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  • Gross Domestic Product, 4th Quarter and Year 2024 (Third Estimate), GDP by Industry, and Corporate Profits

    Real gross domestic product (GDP) increased at an annual rate of 2.4 percent in the fourth quarter of 2024 (October, November, and December), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the third quarter, real GDP increased 3.1 percent. The increase in real GDP in the fourth quarter primarily reflected increases in consumer spending and government spending that were partly offset by a decrease in investment. Imports, which are a subtraction in the calcula
  • U.S. International Investment Position, 4th Quarter and Year 2024

    The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$26.23 trillion at the end of the fourth quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $35.89 trillion, and liabilities were $62.12 trillion. At the end of the third quarter, the net investment position was -$24.15 trillion (revised).Full Text
  • U.S. International Transactions, 4th Quarter and Year 2024

    The U.S. current-account deficit narrowed by $6.3 billion, or 2.0 percent, to $303.9 billion in the fourth quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised third-quarter deficit was $310.3 billion. The fourth-quarter deficit was 4.1 percent of current-dollar gross domestic product, down from 4.2 percent in the third quarter.Full Text
  • U.S. International Trade in Goods and Services, January 2025

    The U.S. monthly international trade deficit increased in January 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $98.1 billion in December (revised) to $131.4 billion in January, as imports increased more than exports. The goods deficit increased $33.5 billion in January to $156.8 billion. The services surplus increased $0.2 billion in January to $25.4 billion.Full Text
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  • Personal Income and Outlays, January 2025

    Personal income increased $221.9 billion (0.9 percent at a monthly rate) in January, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)-personal income less personal current taxes-increased $194.3 billion (0.9 percent) and personal consumption expenditures (PCE) decreased $30.7 billion (0.2 percent). Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-decreased $52.7 billion in January. P
  • Gross Domestic Product, 4th Quarter and Year 2024 (Second Estimate)

    Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024, according to the second estimate. In the third quarter, real GDP increased 3.1 percent. The increase in real GDP in the fourth quarter primarily reflected increases in consumer spending and government spending that were partly offset by a decrease in investment. Imports, which are a subtraction in the calculation of GDP, decreased.Full Text
  • U.S. International Trade in Goods and Services, December and Annual 2024

    The U.S. monthly international trade deficit increased in December 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $78.9 billion in November (revised) to $98.4 billion in December, as imports increased and exports decreased. The goods deficit increased $18.9 billion in December to $123.0 billion. The services surplus decreased $0.6 billion in December to $24.5 billion.Full Text
  • Personal Income and Outlays, December 2024

    Personal income increased $92.0 billion (0.4 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)-personal income less personal current taxes-increased $79.7 billion (0.4 percent) and personal consumption expenditures (PCE) increased $133.6 billion (0.7 percent). Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-increased $129.5 billion in December.
  • Gross Domestic Product, 4th Quarter and Year 2024 (Advance Estimate)

    Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024, according to the advance estimate. In the third quarter, real GDP increased 3.1 percent. The increase in real GDP in the fourth quarter primarily reflected increases in consumer spending and government spending that were partly offset by a decrease in investment. Imports, which are a subtraction in the calculation of GDP, decreased.Full Text
  • U.S. International Trade in Goods and Services, November 2024

    The U.S. monthly international trade deficit increased in November 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $73.6 billion in October (revised) to $78.2 billion in November, as imports increased more than exports. The goods deficit increased $5.4 billion in November to $103.4 billion. The services surplus increased $0.9 billion in November to $25.2 billion.Full Text
  • U.S. International Investment Position, 3rd Quarter 2024

    The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$23.60 trillion at the end of the third quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $37.86 trillion, and liabilities were $61.46 trillion. At the end of the second quarter, the net investment position was -$22.55 trillion (revised).Full Text
  • Gross Domestic Product by State and Personal Income by State, 3rd Quarter 2024

    Real gross domestic product increased in 46 states and the District of Columbia in the third quarter of 2024, with the percent change ranging from 6.9 percent at an annual rate in Arkansas to -2.3 percent in North Dakota.Personal income, in current dollars, increased in 49 states and the District of Columbia, with the percent change ranging from 5.4 percent at an annual rate in Arkansas to -0.7 percent in North Dakota.Full Text
  • Personal Income and Outlays, November 2024

    Personal income increased $71.1 billion (0.3 percent at a monthly rate) in November. Disposable personal income (DPI)-personal income less personal current taxes-increased $61.1 billion (0.3 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $78.2 billion (0.4 percent) and consumer spending increased $81.3 billion (0.4 percent). Personal saving was $968.1 billion and the personal saving rate-
  • Gross Domestic Product, (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Third Quarter 2024

    Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the third quarter of 2024, according to the "third" estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third quarter primarily reflected increases in consumer spending, exports, business investment, and federal government spending. Imports, which are a subtraction in the calculation of GDP, increased.Full Text
  • U.S. International Transactions, 3rd Quarter 2024

    The U.S. current-account deficit widened by $35.9 billion, or 13.1 percent, to $310.9 billion in the third quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised second-quarter deficit was $275.0 billion. The third-quarter deficit was 4.2 percent of current-dollar gross domestic product, up from 3.7 percent in the second quarter.Full Text
  • Real Personal Consumption Expenditures by State and Real Personal Income by State and Metropolitan Area, 2023

    Real personal consumption expenditures (PCE) by state increased in 48 states and the District of Columbia in 2023, with the percent change ranging from 7.3 percent in Maine to -0.6 percent in Alabama. Real PCE for the nation increased 2.5 percent in 2023.Full Text
  • U.S. International Trade in Goods and Services, October 2024

    The U.S. monthly international trade deficit decreased in October 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $83.8 billion in September (revised) to $73.8 billion in October, as imports decreased more than exports. The goods deficit decreased $10.4 billion in October to $98.7 billion. The services surplus decreased $0.4 billion in October to $24.8 billion.Full Text
  • Gross Domestic Product by County and Metropolitan Area, 2023

    In 2023, real gross domestic product (GDP) increased in 2,357 counties, decreased in 734 counties, and was unchanged in 23 counties. The percent change in real GDP ranged from 125.8 percent in Throckmorton County, TX, to -39.6 percent in Lincoln County, WA.Full Text
  • Personal Income and Outlays, October 2024

    Personal income increased $147.4 billion (0.6 percent at a monthly rate) in October. Disposable personal income (DPI)-personal income less personal current taxes-increased $144.1 billion (0.7 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $69.8 billion (0.3 percent) and consumer spending increased $72.3 billion (0.4 percent). Personal saving was $962.7 billion and the personal saving rate
  • Gross Domestic Product, Third Quarter 2024 (Second Estimate) and Corporate Profits (Preliminary)

    Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the "second" estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third quarter primarily reflected increases in consumer spending, exports, federal government spending, and business investment. Imports, which are a subtraction in the calculation of GDP, increased.Full Text
  • Gross Domestic Product, 3rd Quarter 2024 (Second Estimate) and Corporate Profits (Preliminary)

    Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the "second" estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third quarter primarily reflected increases in consumer spending, exports, federal government spending, and business investment. Imports, which are a subtraction in the calculation of GDP, increased.Full Text
  • Gross Domestic Product for the Commonwealth of the Northern Mariana Islands, 2021 and 2022

    Real gross domestic product (GDP) for the Commonwealth of the Northern Mariana Islands increased 16.7 percent in 2022 and 5.1 percent in 2021 after decreasing 29.1 percent in 2020. The growth in real GDP from 2021 to 2022 reflected increases in exports, government spending, and private fixed investment. These increases were partly offset by a decrease in personal consumption expenditures. Imports, a subtraction item in the calculation of GDP, increased.Full Text
  • Outdoor Recreation Satellite Account, U.S. and States, 2023

    The U.S. Bureau of Economic Analysis released statistics today measuring the outdoor recreation economy for the nation, all 50 states, and the District of Columbia. The new U.S. data show that the value added of the outdoor recreation economy accounted for 2.3 percent ($639.5 billion) of current-dollar gross domestic product (GDP) for the nation in 2023. At the state level, value added for outdoor recreation as a share of state GDP ranged from 6.3 percent in Hawaii to 1.6 percent in Delaware, Co
  • Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2022

    Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.35 million workers in the United States in 2022, a 6.8 percent increase from 7.82 million workers in 2021, according to the U.S. Bureau of Economic Analysis. These affiliates accounted for 6.2 percent of total private-industry employment in the United States in 2022.Full Text
  • Personal Income by County and Metropolitan Area, 2023

    In 2023, personal income, in current dollars, increased in 2,814 counties, decreased in 295, and was unchanged in five counties in 2023. Personal income increased 6.0 percent in the metropolitan portion of the United States and 4.7 percent in the nonmetropolitan portion.Full Text
  • U.S. International Trade in Goods and Services, September 2024

    The U.S. monthly international trade deficit increased in September 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $70.8 billion in August (revised) to $84.4 billion in September, as exports decreased and imports increased. The goods deficit increased $14.2 billion in September to $109.0 billion. The services surplus increased $0.6 billion in September to $24.6 billion.Full Text

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