Personal Income and Outlays, February 2024 March 29, 2024 at 06:00PM Personal income increased $66.5 billion (0.3 percent at a monthly rate) in February. Disposable personal income (DPI)-personal income less personal current taxes-increased $50.3 billion (0.2 percent). Consumer spending increased $145.5 billion (0.8 percent). Personal saving was $745.7 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 3.6 percent in February. Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $149.9 billion. Full Text

Personal Income and Outlays, February 2024 Personal income increased $66.5 billion (0.3 percent at a monthly rate) in February. Disposable personal income (DPI)-personal income less personal current taxes-increased $50.3 billion (0.2 percent). Consumer spending increased $145.5 billion (0.8 percent). Personal saving was $745.7 billion and the personal saving rate-personal saving as a percentage of...

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Gross Domestic Product, Fourth Quarter and Year 2023 (Third Estimate), GDP by Industry, and Corporate Profits March 28, 2024 at 06:00PM Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the fourth quarter of 2023, according to the "third" estimate. In the third quarter, real GDP increased 4.9 percent. The increase in the fourth quarter primarily reflected increases in consumer spending, state and local government spending, exports, nonresidential fixed investment, federal government spending, and residential fixed investment that were partly offset by a decrease in private inventory investment. Imports, which are a subtraction in the calculation of GDP, increased. Full Text

Gross Domestic Product, Fourth Quarter and Year 2023 (Third Estimate), GDP by Industry, and Corporate Profits Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the fourth quarter of 2023, according to the "third" estimate. In the third quarter, real GDP increased 4.9 percent. The increase in the fourth quarter primarily reflected increases in consumer spending, state...

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U.S. International Investment Position, 4th Quarter and Year 2023 March 27, 2024 at 06:00PM The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$19.77 trillion at the end of the fourth quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $34.54 trillion, and liabilities were $54.31 trillion. At the end of the third quarter, the net investment position was -$18.11 trillion (revised). Full Text

U.S. International Investment Position, 4th Quarter and Year 2023 The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$19.77 trillion at the end of the fourth quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $34.54 trillion, and liabilities were $54.31...

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Arts and Cultural Production Satellite Account, U.S. and States, 2022 March 25, 2024 at 07:30PM The Arts and Cultural Production Satellite Account released today by the U.S. Bureau of Economic Analysis (BEA) shows that arts and cultural economic activity, adjusted for inflation, increased 4.8 percent in 2022 after increasing 10.8 percent in 2021. By comparison, the broader economy, as measured by real gross domestic product (GDP), increased 1.9 percent in 2022 after increasing 5.8 percent in 2021. Arts and cultural economic activity accounted for 4.3 percent of GDP, or $1.10 trillion, in 2022. Full Text

Arts and Cultural Production Satellite Account, U.S. and States, 2022 The Arts and Cultural Production Satellite Account released today by the U.S. Bureau of Economic Analysis (BEA) shows that arts and cultural economic activity, adjusted for inflation, increased 4.8 percent in 2022 after increasing 10.8 percent in 2021. By comparison, the broader economy, as measured by real gross domestic product...

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U.S. International Transactions, 4th Quarter and Year 2023 March 21, 2024 at 06:00PM The U.S. current-account deficit narrowed by $1.6 billion, or 0.8 percent, to $194.8 billion in the fourth quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised third-quarter deficit was $196.4 billion. The fourth-quarter deficit was 2.8 percent of current-dollar gross domestic product, down less than 0.1 percent from the third quarter. Full Text

U.S. International Transactions, 4th Quarter and Year 2023 The U.S. current-account deficit narrowed by $1.6 billion, or 0.8 percent, to $194.8 billion in the fourth quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised third-quarter deficit was $196.4 billion. The fourth-quarter deficit was 2.8 percent of current-dollar gross domestic product,...

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U.S. International Trade in Goods and Services, January 2024 March 07, 2024 at 07:00PM The U.S. monthly international trade deficit increased in January 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $64.2 billion in December (revised) to $67.4 billion in January, as imports increased more than exports. The goods deficit increased $3.0 billion in January to $91.6 billion. The services surplus decreased $0.3 billion in January to $24.2 billion. Full Text

U.S. International Trade in Goods and Services, January 2024 The U.S. monthly international trade deficit increased in January 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $64.2 billion in December (revised) to $67.4 billion in January, as imports increased more than exports. The goods deficit increased $3.0 billion in January to $91.6...

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