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Bureau of Economic Analysis
The BEA Advisory Committee advises the Director of BEA on matters related to the development and improvement of BEA’s national, regional, industry, and international economic accounts, especially in areas of new and rapidly growing economic activities arising from innovative and advancing technologies, and provides recommendations from the perspectives of the economics profession, business, and government.

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U.S. International Trade in Goods and Services, April 2019

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $50.8 billion in April, down $1.1 billion from $51.9 billion in March, revised. U.S. International Trade in Goods and Services Deficit Deficit: $50.8 Billion -2.1%° Exports: $206.8 Billion -2.2%° Imports: $257.6 Billion -2.2%° Next release: July 3, 2019 (°) Statistical significance is not applicable or not measurable.Data adjusted for...

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Personal Income and Outlays, April 2019

Personal income increased $92.8 billion (0.5 percent) in April according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $69.3 billion (0.4 percent) and personal consumption expenditures (PCE) increased $40.8 billion (0.3 percent). Real DPI increased 0.1 percent in April and Real PCE decreased less than 0.1 percent. The PCE price index increased 0.3 percent. Excluding food and energy, the PCE price index increased 0.2 percent.  ...

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Gross Domestic Product, 1st quarter 2019 (second estimate); Corporate Profits, 1st quarter 2019 (preliminary estimate)

Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.2 percent. The GDP estimate released today is based on more complete source data than were available for the "advance" estimate issued last month.  In the advance estimate, the increase in real GDP in the first quarter was 3.2 percent. Today's estimate...

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Real Personal Income for States and Metropolitan Areas, 2017

Real state personal income grew 2.6 percent in 2017, after increasing 1.5 percent in 2016, according to estimates released today by the Bureau of Economic Analysis. Real state personal income is a state's current-dollar personal income adjusted by the state's regional price parity and the national personal consumption expenditures price index. The percent change in real state personal income ranged from 4.5 percent in New York to -1.3 percent in North Dakota (table 1). Across metropolitan...

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U.S. International Trade in Goods and Services, March 2019

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $50.0 billion in March, up $0.7 billion from $49.3 billion in February, revised. U.S. International Trade in Goods and Services Deficit Deficit: $50.0 Billion +1.5%° Exports: $212.0 Billion +1.0%° Imports: $262.0 Billion +1.1%° Next release: June 6, 2019 (°) Statistical significance is not applicable or not measurable.Data adjusted for...

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Gross Domestic Product by State, 4th quarter 2018 and annual 2018 (preliminary)

Quarterly GDP by state in 2018:Q4 Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the fourth quarter of 2018, according to statistics released today by the U.S. Bureau of Economic Analysis. The percent change in real GDP in the fourth quarter ranged from 6.6 percent in Texas to 0.0 percent in Delaware (table 1). Wholesale trade, mining, and information services were the leading contributors to the increase in real GDP nationally (table 2). Mining...

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Personal Income and Outlays, March 2019

Due to the recent partial federal government shutdown, this report combines estimates for February and March 2019. Personal Income is updated for January and February and new estimates are available for March. Personal consumption expenditures are updated for January and new estimates are available for February and March. Personal Income and Outlays, March 2019 Personal income increased $11.4 billion (0.1 percent) in March according to estimates released today by the Bureau of Economic...

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Gross Domestic Product, 1st quarter 2019 (advance estimate)

Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the first quarter of 2019 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent. The Bureau’s first-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see “Source Data for the Advance Estimate” on page 2). The "second" estimate...

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Gross Domestic Product by Industry, 4th quarter 2018 and annual 2018

Wholesale trade; mining; and information were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2018. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 15 of 22 industry groups contributed to the overall 2.2 percent increase in real GDP in the fourth quarter. For the wholesale trade industry group, real value added—a measure of an industry’s contribution to GDP—increased 9.1 percent in the...

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U.S. International Trade in Goods and Services, February 2019

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January, revised. U.S. International Trade in Goods and Services Deficit Deficit: $49.4 Billion -3.4%° Exports: $209.7 Billion +1.1%° Imports: $259.1 Billion +0.2%° Next release: May 9, 2019 (°) Statistical significance is not applicable or not measurable.Data adjusted...

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