Monday, July 31, 2023

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Gross Domestic Product for Puerto Rico, 2021 July 31, 2023 at 07:30PM Real gross domestic product (GDP) for Puerto Rico increased 4.0 percent in 2021 after decreasing 6.2 percent in 2020. The increase in real GDP in 2021 primarily reflected an increase in personal consumption expenditures. Private fixed investment also increased. These increases were partly offset by decreases in exports, private inventory investment, and government spending. Imports, which is a subtraction item in the calculation of GDP, increased. Full Text | En espanol

Gross Domestic Product for Puerto Rico, 2021
Real gross domestic product (GDP) for Puerto Rico increased 4.0 percent in 2021 after decreasing 6.2 percent in 2020. The increase in real GDP in 2021 primarily reflected an increase in personal consumption expenditures. Private fixed investment also increased. These increases were partly offset by decreases in exports, private inventory investment, and government spending. Imports, which is a subtraction item in the calculation of GDP, increased. Full Text | En espanol

Published July 31, 2023 at 07:30PM
Read more at bea.gov

Real gross domestic product (GDP) for Puerto Rico increased 4.0 percent in 2021 after decreasing 6.2 percent in 2020. The increase in real GDP in 2021 primarily reflected an increase in personal consumption expenditures. Private fixed investment also increased. These increases were partly offset by decreases in exports, private inventory investment, and government spending. Imports, which is a subtraction item in the calculation of GDP, increased. Full Text | En espanol July 31, 2023 at 07:30PM

Friday, July 28, 2023

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Personal Income and Outlays, June 2023 July 28, 2023 at 06:00PM Personal income increased $69.5 billion (0.3 percent at a monthly rate) in June. Disposable personal income (DPI)-personal income less personal current taxes- increased $67.5 billion (0.3 percent). Personal outlays-the sum of personal consumption expenditures, personal interest payments, and personal current transfer payments-increased $109.4 billion (0.6 percent) and consumer spending increased $100.4 billion (0.5 percent). Personal saving was $862.4 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 4.3 percent in June. Full Text

Personal Income and Outlays, June 2023
Personal income increased $69.5 billion (0.3 percent at a monthly rate) in June. Disposable personal income (DPI)-personal income less personal current taxes- increased $67.5 billion (0.3 percent). Personal outlays-the sum of personal consumption expenditures, personal interest payments, and personal current transfer payments-increased $109.4 billion (0.6 percent) and consumer spending increased $100.4 billion (0.5 percent). Personal saving was $862.4 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 4.3 percent in June. Full Text

Published July 28, 2023 at 06:00PM
Read more at bea.gov

Personal income increased $69.5 billion (0.3 percent at a monthly rate) in June. Disposable personal income (DPI)-personal income less personal current taxes- increased $67.5 billion (0.3 percent). Personal outlays-the sum of personal consumption expenditures, personal interest payments, and personal current transfer payments-increased $109.4 billion (0.6 percent) and consumer spending increased $100.4 billion (0.5 percent). Personal saving was $862.4 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 4.3 percent in June. Full Text July 28, 2023 at 06:00PM

Thursday, July 27, 2023

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Gross Domestic Product, Second Quarter 2023 (Advance Estimate) July 27, 2023 at 06:00PM Real gross domestic product (GDP) increased at an annual rate of 2.4 percent in the second quarter of 2023 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.0 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to ?Source Data for the Advance Estimate? on page 2). The ?second? estimate for the second quarter, based on more complete data, will be released on August 30, 2023. Full Text

Gross Domestic Product, Second Quarter 2023 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 2.4 percent in the second quarter of 2023 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.0 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to ?Source Data for the Advance Estimate? on page 2). The ?second? estimate for the second quarter, based on more complete data, will be released on August 30, 2023. Full Text

Published July 27, 2023 at 06:00PM
Read more at bea.gov

Real gross domestic product (GDP) increased at an annual rate of 2.4 percent in the second quarter of 2023 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.0 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to ?Source Data for the Advance Estimate? on page 2). The ?second? estimate for the second quarter, based on more complete data, will be released on August 30, 2023. Full Text July 27, 2023 at 06:00PM

Thursday, July 20, 2023

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Direct Investment by Country and Industry, 2022 July 20, 2023 at 06:00PM The U.S. direct investment abroad position, or cumulative level of investment, increased $212.2 billion to $6.58 trillion at the end of 2022 from $6.37 trillion at the end of 2021, according to statistics released today by the U.S. Bureau of Economic Analysis. The increase reflected a $172.8 billion increase in the position in Europe, primarily in the Netherlands and the United Kingdom. By industry, manufacturing affiliates had the largest increase. The foreign direct investment in the United States position increased $216.8 billion to $5.25 trillion at the end of 2022 from $5.04 trillion at the end of 2021. The increase mainly reflected a $142.2 billion increase in the position from Europe, with the largest increases from the United Kingdom and Germany. By industry, affiliates in manufacturing and wholesale trade accounted for the majority of the increase. Full Text

Direct Investment by Country and Industry, 2022
The U.S. direct investment abroad position, or cumulative level of investment, increased $212.2 billion to $6.58 trillion at the end of 2022 from $6.37 trillion at the end of 2021, according to statistics released today by the U.S. Bureau of Economic Analysis. The increase reflected a $172.8 billion increase in the position in Europe, primarily in the Netherlands and the United Kingdom. By industry, manufacturing affiliates had the largest increase. The foreign direct investment in the United States position increased $216.8 billion to $5.25 trillion at the end of 2022 from $5.04 trillion at the end of 2021. The increase mainly reflected a $142.2 billion increase in the position from Europe, with the largest increases from the United Kingdom and Germany. By industry, affiliates in manufacturing and wholesale trade accounted for the majority of the increase. Full Text

Published July 20, 2023 at 06:00PM
Read more at bea.gov

The U.S. direct investment abroad position, or cumulative level of investment, increased $212.2 billion to $6.58 trillion at the end of 2022 from $6.37 trillion at the end of 2021, according to statistics released today by the U.S. Bureau of Economic Analysis. The increase reflected a $172.8 billion increase in the position in Europe, primarily in the Netherlands and the United Kingdom. By industry, manufacturing affiliates had the largest increase. The foreign direct investment in the United States position increased $216.8 billion to $5.25 trillion at the end of 2022 from $5.04 trillion at the end of 2021. The increase mainly reflected a $142.2 billion increase in the position from Europe, with the largest increases from the United Kingdom and Germany. By industry, affiliates in manufacturing and wholesale trade accounted for the majority of the increase. Full Text July 20, 2023 at 06:00PM

Monday, July 10, 2023

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New Foreign Direct Investment in the United States 2022 July 10 2023 at 06:00PM Expenditures by foreign direct investors to acquire establish or expand U.S. businesses totaled $177.5 billion in 2022 down $185.1 billion from $362.6 billion in 2021. Full Text

New Foreign Direct Investment in the United States, 2022
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $177.5 billion in 2022, down $185.1 billion from $362.6 billion in 2021. Full Text

Published July 10, 2023 at 06:00PM
Read more at bea.gov

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $177.5 billion in 2022, down $185.1 billion from $362.6 billion in 2021. Full Text July 10, 2023 at 06:00PM

Thursday, July 6, 2023

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U.S. International Trade in Goods and Services May 2023 July 06 2023 at 06:00PM The U.S. monthly international trade deficit decreased in May 2023 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $74.4 billion in April (revised) to $69.0 billion in May as imports decreased more than exports. The goods deficit decreased $4.8 billion in May to $91.3 billion. The services surplus increased $0.7 billion in May to $22.3 billion. Full Text

U.S. International Trade in Goods and Services, May 2023
The U.S. monthly international trade deficit decreased in May 2023 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $74.4 billion in April (revised) to $69.0 billion in May as imports decreased more than exports. The goods deficit decreased $4.8 billion in May to $91.3 billion. The services surplus increased $0.7 billion in May to $22.3 billion. Full Text

Published July 06, 2023 at 06:00PM
Read more at bea.gov

The U.S. monthly international trade deficit decreased in May 2023 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $74.4 billion in April (revised) to $69.0 billion in May as imports decreased more than exports. The goods deficit decreased $4.8 billion in May to $91.3 billion. The services surplus increased $0.7 billion in May to $22.3 billion. Full Text July 06, 2023 at 06:00PM