Wednesday, July 31, 2024

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Gross Domestic Product for Puerto Rico, 2022 July 31, 2024 at 07:30PM Real gross domestic product (GDP) for Puerto Rico decreased 2.5 percent in 2022 after increasing 4.1 percent in 2021. The decrease in real GDP in 2022 reflected an increase in imports-which are a subtraction item in the calculation of GDP-as well as decreases in private fixed investment and exports. Personal consumption expenditures, private inventory investment, and government spending increased. Full Text En espanol

Gross Domestic Product for Puerto Rico, 2022
Real gross domestic product (GDP) for Puerto Rico decreased 2.5 percent in 2022 after increasing 4.1 percent in 2021. The decrease in real GDP in 2022 reflected an increase in imports-which are a subtraction item in the calculation of GDP-as well as decreases in private fixed investment and exports. Personal consumption expenditures, private inventory investment, and government spending increased. Full Text En espanol

Published July 31, 2024 at 07:30PM
Read more at bea.gov

Real gross domestic product (GDP) for Puerto Rico decreased 2.5 percent in 2022 after increasing 4.1 percent in 2021. The decrease in real GDP in 2022 reflected an increase in imports-which are a subtraction item in the calculation of GDP-as well as decreases in private fixed investment and exports. Personal consumption expenditures, private inventory investment, and government spending increased. Full Text En espanol July 31, 2024 at 07:30PM

Friday, July 26, 2024

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Personal Income and Outlays, June 2024 July 26, 2024 at 06:00PM Personal income increased $50.4 billion (0.2 percent at a monthly rate) in June. Disposable personal income (DPI)-personal income less personal current taxes-increased $37.7 billion (0.2 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $59.3 billion (0.3 percent) and consumer spending increased $57.6 billion (0.3 percent). Personal saving was $703.0 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 3.4 percent in June. Full Text

Personal Income and Outlays, June 2024
Personal income increased $50.4 billion (0.2 percent at a monthly rate) in June. Disposable personal income (DPI)-personal income less personal current taxes-increased $37.7 billion (0.2 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $59.3 billion (0.3 percent) and consumer spending increased $57.6 billion (0.3 percent). Personal saving was $703.0 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 3.4 percent in June. Full Text

Published July 26, 2024 at 06:00PM
Read more at bea.gov

Personal income increased $50.4 billion (0.2 percent at a monthly rate) in June. Disposable personal income (DPI)-personal income less personal current taxes-increased $37.7 billion (0.2 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $59.3 billion (0.3 percent) and consumer spending increased $57.6 billion (0.3 percent). Personal saving was $703.0 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 3.4 percent in June. Full Text July 26, 2024 at 06:00PM

Thursday, July 25, 2024

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Gross Domestic Product, Second Quarter 2024 (Advance Estimate) July 25, 2024 at 06:00PM Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the second quarter of 2024, according to the "advance" estimate. In the first quarter, real GDP increased 1.4 percent. The increase in the second quarter primarily reflected increases in consumer spending, inventory investment, and business investment. Imports, which are a subtraction in the calculation of GDP, increased. Full Text

Gross Domestic Product, Second Quarter 2024 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the second quarter of 2024, according to the "advance" estimate. In the first quarter, real GDP increased 1.4 percent. The increase in the second quarter primarily reflected increases in consumer spending, inventory investment, and business investment. Imports, which are a subtraction in the calculation of GDP, increased. Full Text

Published July 25, 2024 at 06:00PM
Read more at bea.gov

Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the second quarter of 2024, according to the "advance" estimate. In the first quarter, real GDP increased 1.4 percent. The increase in the second quarter primarily reflected increases in consumer spending, inventory investment, and business investment. Imports, which are a subtraction in the calculation of GDP, increased. Full Text July 25, 2024 at 06:00PM

Tuesday, July 23, 2024

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Direct Investment by Country and Industry, 2023 July 23, 2024 at 06:00PM The U.S. direct investment abroad position, or cumulative level of investment, increased $364.0 billion to $6.68 trillion at the end of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The increase reflected a $147.1 billion increase in the position in Europe, primarily in Ireland, Switzerland, and the Netherlands. By industry, holding company affiliates had the largest increase. The foreign direct investment in the United States position increased $227.0 billion to $5.39 trillion at the end of 2023. The increase mainly reflected a $96.0 billion increase in the position from Canada and an $86.1 billion increase from Europe, primarily a $58.9 billion increase from Germany. By industry, affiliates in manufacturing increased the most, increasing $58.6 billion to a total investment position of $2.22 trillion. Full Text

Direct Investment by Country and Industry, 2023
The U.S. direct investment abroad position, or cumulative level of investment, increased $364.0 billion to $6.68 trillion at the end of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The increase reflected a $147.1 billion increase in the position in Europe, primarily in Ireland, Switzerland, and the Netherlands. By industry, holding company affiliates had the largest increase. The foreign direct investment in the United States position increased $227.0 billion to $5.39 trillion at the end of 2023. The increase mainly reflected a $96.0 billion increase in the position from Canada and an $86.1 billion increase from Europe, primarily a $58.9 billion increase from Germany. By industry, affiliates in manufacturing increased the most, increasing $58.6 billion to a total investment position of $2.22 trillion. Full Text

Published July 23, 2024 at 06:00PM
Read more at bea.gov

The U.S. direct investment abroad position, or cumulative level of investment, increased $364.0 billion to $6.68 trillion at the end of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The increase reflected a $147.1 billion increase in the position in Europe, primarily in Ireland, Switzerland, and the Netherlands. By industry, holding company affiliates had the largest increase. The foreign direct investment in the United States position increased $227.0 billion to $5.39 trillion at the end of 2023. The increase mainly reflected a $96.0 billion increase in the position from Canada and an $86.1 billion increase from Europe, primarily a $58.9 billion increase from Germany. By industry, affiliates in manufacturing increased the most, increasing $58.6 billion to a total investment position of $2.22 trillion. Full Text July 23, 2024 at 06:00PM

Friday, July 12, 2024

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New Foreign Direct Investment in the United States, 2023 July 12, 2024 at 06:00PM Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $148.8 billion in 2023, according to preliminary statistics released today by the U.S. Bureau of Economic Analysis. Expenditures decreased $57.4 billion, or 28 percent, from $206.2 billion (revised) in 2022 and were below the annual average of $265.6 billion for 2014-2022. As in previous years, acquisitions of existing U.S. businesses accounted for most of the expenditures. Full Text

New Foreign Direct Investment in the United States, 2023
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $148.8 billion in 2023, according to preliminary statistics released today by the U.S. Bureau of Economic Analysis. Expenditures decreased $57.4 billion, or 28 percent, from $206.2 billion (revised) in 2022 and were below the annual average of $265.6 billion for 2014-2022. As in previous years, acquisitions of existing U.S. businesses accounted for most of the expenditures. Full Text

Published July 12, 2024 at 06:00PM
Read more at bea.gov

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $148.8 billion in 2023, according to preliminary statistics released today by the U.S. Bureau of Economic Analysis. Expenditures decreased $57.4 billion, or 28 percent, from $206.2 billion (revised) in 2022 and were below the annual average of $265.6 billion for 2014-2022. As in previous years, acquisitions of existing U.S. businesses accounted for most of the expenditures. Full Text July 12, 2024 at 06:00PM

Wednesday, July 3, 2024

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U.S. International Trade in Goods and Services, May 2024 July 03, 2024 at 06:00PM The U.S. goods and services trade deficit increased in May 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $74.5 billion in April (revised) to $75.1 billion in May, as exports decreased more than imports. The goods deficit increased $0.9 billion in May to $100.2 billion. The services surplus increased $0.3 billion in May to $25.1 billion. Full Text

U.S. International Trade in Goods and Services, May 2024
The U.S. goods and services trade deficit increased in May 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $74.5 billion in April (revised) to $75.1 billion in May, as exports decreased more than imports. The goods deficit increased $0.9 billion in May to $100.2 billion. The services surplus increased $0.3 billion in May to $25.1 billion. Full Text

Published July 03, 2024 at 06:00PM
Read more at bea.gov

The U.S. goods and services trade deficit increased in May 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $74.5 billion in April (revised) to $75.1 billion in May, as exports decreased more than imports. The goods deficit increased $0.9 billion in May to $100.2 billion. The services surplus increased $0.3 billion in May to $25.1 billion. Full Text July 03, 2024 at 06:00PM