Gross Domestic Product by State and Personal Income by State 1st Quarter 2023 June 30 2023 at 07:30PM Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the first quarter of 2023 with the percent change in real GDP ranging from 12.4 percent in North Dakota to 0.1 percent in Rhode Island and Alabama. Personal income in current dollars increased in 48 states and the District of Columbia in the first quarter with the percent change ranging from 11.4 percent in Maine to -1.0 percent in Indiana. Full Text

Gross Domestic Product by State and Personal Income by State, 1st Quarter 2023
Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the first quarter of 2023, with the percent change in real GDP ranging from 12.4 percent in North Dakota to 0.1 percent in Rhode Island and Alabama. Personal income, in current dollars, increased in 48 states and the District of Columbia in the first quarter, with the percent change ranging from 11.4 percent in Maine to -1.0 percent in Indiana. Full Text

Published June 30, 2023 at 07:30PM
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Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the first quarter of 2023, with the percent change in real GDP ranging from 12.4 percent in North Dakota to 0.1 percent in Rhode Island and Alabama. Personal income, in current dollars, increased in 48 states and the District of Columbia in the first quarter, with the percent change ranging from 11.4 percent in Maine to -1.0 percent in Indiana. Full Text June 30, 2023 at 07:30PM

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Personal Income and Outlays May 2023 June 30 2023 at 06:00PM Personal income increased $91.2 billion (0.4 percent at a monthly rate) in May. Disposable personal income (DPI) - personal income less personal current taxes - increased $86.7 billion (0.4 percent). Personal outlays - the sum of personal consumption expenditures personal interest payments and personal current transfer payments - increased $22.7 billion (0.1 percent) and consumer spending increased $18.9 billion (0.1 percent). Personal saving was $910.3 billion and the personal saving rate - personal saving as a percentage of disposable personal income - was 4.6 percent in May. Full Text

Personal Income and Outlays, May 2023
Personal income increased $91.2 billion (0.4 percent at a monthly rate) in May. Disposable personal income (DPI) - personal income less personal current taxes - increased $86.7 billion (0.4 percent). Personal outlays - the sum of personal consumption expenditures, personal interest payments, and personal current transfer payments - increased $22.7 billion (0.1 percent) and consumer spending increased $18.9 billion (0.1 percent). Personal saving was $910.3 billion and the personal saving rate - personal saving as a percentage of disposable personal income - was 4.6 percent in May. Full Text

Published June 30, 2023 at 06:00PM
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Personal income increased $91.2 billion (0.4 percent at a monthly rate) in May. Disposable personal income (DPI) - personal income less personal current taxes - increased $86.7 billion (0.4 percent). Personal outlays - the sum of personal consumption expenditures, personal interest payments, and personal current transfer payments - increased $22.7 billion (0.1 percent) and consumer spending increased $18.9 billion (0.1 percent). Personal saving was $910.3 billion and the personal saving rate - personal saving as a percentage of disposable personal income - was 4.6 percent in May. Full Text June 30, 2023 at 06:00PM

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Gross Domestic Product (Third Estimate) Corporate Profits (Revised Estimate) and GDP by Industry First Quarter 2023 June 29 2023 at 06:00PM Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the first quarter of 2023 according to the "third" estimate. In the fourth quarter of 2022 real GDP increased 2.6 percent. The GDP estimate for the first quarter was revised up 0.7 percentage point from the "second" estimate primarily reflecting upward revisions to exports and consumer spending. Profits decreased 4.1 percent at a quarterly rate in the first quarter after decreasing 2.0 percent in the fourth quarter. In the first quarter the value added of private services-producing industries increased 2.6 percent government increased 2.7 percent and private goods-producing industries decreased 0.7 percent. Overall 15 of 22 industry groups contributed to the first-quarter increase in real GDP. Full Text

Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, First Quarter 2023
Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the first quarter of 2023, according to the "third" estimate. In the fourth quarter of 2022, real GDP increased 2.6 percent. The GDP estimate for the first quarter was revised up 0.7 percentage point from the "second" estimate, primarily reflecting upward revisions to exports and consumer spending. Profits decreased 4.1 percent at a quarterly rate in the first quarter after decreasing 2.0 percent in the fourth quarter. In the first quarter, the value added of private services-producing industries increased 2.6 percent, government increased 2.7 percent, and private goods-producing industries decreased 0.7 percent. Overall, 15 of 22 industry groups contributed to the first-quarter increase in real GDP. Full Text

Published June 29, 2023 at 06:00PM
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Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the first quarter of 2023, according to the "third" estimate. In the fourth quarter of 2022, real GDP increased 2.6 percent. The GDP estimate for the first quarter was revised up 0.7 percentage point from the "second" estimate, primarily reflecting upward revisions to exports and consumer spending. Profits decreased 4.1 percent at a quarterly rate in the first quarter after decreasing 2.0 percent in the fourth quarter. In the first quarter, the value added of private services-producing industries increased 2.6 percent, government increased 2.7 percent, and private goods-producing industries decreased 0.7 percent. Overall, 15 of 22 industry groups contributed to the first-quarter increase in real GDP. Full Text June 29, 2023 at 06:00PM

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U.S. International Investment Position 1st Quarter 2023 and Annual Update June 28 2023 at 06:00PM The U.S. net international investment position the difference between U.S. residents' foreign financial assets and liabilities was -$16.75 trillion at the end of first quarter of 2023 according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $32.74 trillion and liabilities were $49.49 trillion. At the end of the fourth quarter of 2022 the net investment position was -$16.17 trillion (revised). Full Text

U.S. International Investment Position, 1st Quarter 2023 and Annual Update
The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$16.75 trillion at the end of first quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $32.74 trillion, and liabilities were $49.49 trillion. At the end of the fourth quarter of 2022, the net investment position was -$16.17 trillion (revised). Full Text

Published June 28, 2023 at 06:00PM
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The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$16.75 trillion at the end of first quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $32.74 trillion, and liabilities were $49.49 trillion. At the end of the fourth quarter of 2022, the net investment position was -$16.17 trillion (revised). Full Text June 28, 2023 at 06:00PM

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U.S. International Transactions 1st Quarter 2023 and Annual Update June 22 2023 at 06:00PM The U.S. current-account deficit widened by $3.1 billion or 1.5 percent to $219.3 billion in the first quarter of 2023 according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $216.2 billion. The first-quarter deficit was 3.3 percent of current-dollar gross domestic product up less than 0.1 percent from the fourth quarter. Full Text

U.S. International Transactions, 1st Quarter 2023 and Annual Update
The U.S. current-account deficit widened by $3.1 billion, or 1.5 percent, to $219.3 billion in the first quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $216.2 billion. The first-quarter deficit was 3.3 percent of current-dollar gross domestic product, up less than 0.1 percent from the fourth quarter. Full Text

Published June 22, 2023 at 06:00PM
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The U.S. current-account deficit widened by $3.1 billion, or 1.5 percent, to $219.3 billion in the first quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $216.2 billion. The first-quarter deficit was 3.3 percent of current-dollar gross domestic product, up less than 0.1 percent from the fourth quarter. Full Text June 22, 2023 at 06:00PM

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Marine Economy Satellite Account, 2021 June 08, 2023 at 07:30PM The Marine Economy Satellite Account (MESA) statistics released today by the U.S. Bureau of Economic Analysis (BEA) show the marine economy accounted for 1.9 percent, or $432.4 billion, of current-dollar U.S. gross domestic product (GDP) in 2021, an increase from 1.7 percent, or $363.2 billion, in 2020. The marine economy accounted for 1.8 percent, or $730.0 billion, of current-dollar gross output. Full Text

Marine Economy Satellite Account, 2021
The Marine Economy Satellite Account (MESA) statistics released today by the U.S. Bureau of Economic Analysis (BEA) show the marine economy accounted for 1.9 percent, or $432.4 billion, of current-dollar U.S. gross domestic product (GDP) in 2021, an increase from 1.7 percent, or $363.2 billion, in 2020. The marine economy accounted for 1.8 percent, or $730.0 billion, of current-dollar gross output. Full Text

Published June 08, 2023 at 07:30PM
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The Marine Economy Satellite Account (MESA) statistics released today by the U.S. Bureau of Economic Analysis (BEA) show the marine economy accounted for 1.9 percent, or $432.4 billion, of current-dollar U.S. gross domestic product (GDP) in 2021, an increase from 1.7 percent, or $363.2 billion, in 2020. The marine economy accounted for 1.8 percent, or $730.0 billion, of current-dollar gross output. Full Text June 08, 2023 at 07:30PM

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U.S. International Trade in Goods and Services, April 2023 June 07, 2023 at 06:00PM The U.S. monthly international trade deficit increased in April 2023 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $60.6 billion in March (revised) to $74.6 billion in April as exports decreased and imports increased. The goods deficit increased $14.5 billion in April to $96.1 billion. The services surplus increased $0.6 billion in April to $21.6 billion. Full Text

U.S. International Trade in Goods and Services, April 2023
The U.S. monthly international trade deficit increased in April 2023 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $60.6 billion in March (revised) to $74.6 billion in April as exports decreased and imports increased. The goods deficit increased $14.5 billion in April to $96.1 billion. The services surplus increased $0.6 billion in April to $21.6 billion. Full Text

Published June 07, 2023 at 06:00PM
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The U.S. monthly international trade deficit increased in April 2023 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $60.6 billion in March (revised) to $74.6 billion in April as exports decreased and imports increased. The goods deficit increased $14.5 billion in April to $96.1 billion. The services surplus increased $0.6 billion in April to $21.6 billion. Full Text June 07, 2023 at 06:00PM

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