Gross Domestic Product by State and Personal Income by State, 1st Quarter 2024 June 28, 2024 at 07:30PM Real gross domestic product increased in 39 states and the District of Columbia in the first quarter of 2024, with the percent change ranging from 5.0 percent at an annual rate in Idaho to -4.2 percent in South Dakota. Personal income, in current dollars, increased in all 50 states and the District of Columbia, with the percent change ranging from 9.5 percent at an annual rate in South Carolina to 0.6 percent in North Dakota. Full Text

Gross Domestic Product by State and Personal Income by State, 1st Quarter 2024 Real gross domestic product increased in 39 states and the District of Columbia in the first quarter of 2024, with the percent change ranging from 5.0 percent at an annual rate in Idaho to -4.2 percent in South Dakota. Personal income, in current dollars, increased in all 50 states and the District of Columbia, with the...

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Personal Income and Outlays, May 2024 June 28, 2024 at 06:00PM Personal income increased $114.1 billion (0.5 percent at a monthly rate) in May. Disposable personal income (DPI)-personal income less personal current taxes-increased $94.0 billion (0.5 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $56.4 billion (0.3 percent) and consumer spending increased $47.8 billion (0.2 percent). Personal saving was $806.1 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 3.9 percent in May. Full Text

Personal Income and Outlays, May 2024 Personal income increased $114.1 billion (0.5 percent at a monthly rate) in May. Disposable personal income (DPI)-personal income less personal current taxes-increased $94.0 billion (0.5 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $56.4 billion (0.3...

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Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, First Quarter 2024 June 27, 2024 at 06:00PM Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter of 2024, according to the "third" estimate. In the fourth quarter of 2023, real GDP increased 3.4 percent. The increase in the first quarter primarily reflected increases in consumer spending, housing investment, business investment, and state and local government that were partly offset by a decrease in inventory investment. Imports, which are a subtraction in the calculation of GDP, increased. Full Text

Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, First Quarter 2024 Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter of 2024, according to the "third" estimate. In the fourth quarter of 2023, real GDP increased 3.4 percent. The increase in the first quarter primarily reflected increases in consumer...

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U.S. International Investment Position, 1st Quarter 2024 and Annual Update June 26, 2024 at 06:00PM The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$21.28 trillion at the end of the first quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $35.78 trillion, and liabilities were $57.06 trillion. At the end of the fourth quarter of 2023, the net investment position was -$19.85 trillion (revised). Full Text

U.S. International Investment Position, 1st Quarter 2024 and Annual Update The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$21.28 trillion at the end of the first quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $35.78 trillion, and liabilities...

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U.S. International Transactions, 1st Quarter 2024 and Annual Update June 20, 2024 at 06:00PM The U.S. current-account deficit widened by $15.9 billion, or 7.2 percent, to $237.6 billion in the first quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $221.8 billion. The first-quarter deficit was 3.4 percent of current-dollar gross domestic product, up from 3.2 percent in the fourth quarter. Full Text

U.S. International Transactions, 1st Quarter 2024 and Annual Update The U.S. current-account deficit widened by $15.9 billion, or 7.2 percent, to $237.6 billion in the first quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $221.8 billion. The first-quarter deficit was 3.4 percent of current-dollar gross domestic...

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Gross Domestic Product for the U.S. Virgin Islands, 2022 June 17, 2024 at 07:30PM Real gross domestic product (GDP) for the U.S. Virgin Islands decreased 1.3 percent in 2022 after increasing 3.7 percent in 2021. The decrease in real GDP reflected declines in exports, private fixed investment, government spending, and personal consumption expenditures that were partly offset by an increase in inventory investment. Imports, a subtraction item in the calculation of GDP, decreased. Full Text

Gross Domestic Product for the U.S. Virgin Islands, 2022 Real gross domestic product (GDP) for the U.S. Virgin Islands decreased 1.3 percent in 2022 after increasing 3.7 percent in 2021. The decrease in real GDP reflected declines in exports, private fixed investment, government spending, and personal consumption expenditures that were partly offset by an increase in inventory investment. Imports,...

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Marine Economy Satellite Account, 2022 June 06, 2024 at 07:30PM The Marine Economy Satellite Account statistics released today by the U.S. Bureau of Economic Analysis show the marine economy accounted for $476.2 billion, or 1.8 percent, of current-dollar U.S. gross domestic product (GDP) in 2022, an increase from $424.2 billion, or 1.8 percent, in 2021. The marine economy accounted for 1.7 percent, or $776.9 billion, of current-dollar gross output. Full Text

Marine Economy Satellite Account, 2022 The Marine Economy Satellite Account statistics released today by the U.S. Bureau of Economic Analysis show the marine economy accounted for $476.2 billion, or 1.8 percent, of current-dollar U.S. gross domestic product (GDP) in 2022, an increase from $424.2 billion, or 1.8 percent, in 2021. The marine economy accounted for 1.7 percent, or $776.9 billion, of current-dollar...

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U.S. International Trade in Goods and Services, April 2024 June 06, 2024 at 06:00PM The U.S. goods and services trade deficit increased in April 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $68.6 billion in March (revised) to $74.6 billion in April, as imports increased more than exports. The goods deficit increased $5.9 billion in April to $99.2 billion. The services surplus decreased $0.1 billion in April to $24.7 billion. Full Text

U.S. International Trade in Goods and Services, April 2024 The U.S. goods and services trade deficit increased in April 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $68.6 billion in March (revised) to $74.6 billion in April, as imports increased more than exports. The goods deficit increased $5.9 billion in April to $99.2 billion. The...

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