Personal Income and Outlays, October 2024 November 27, 2024 at 08:30PM Personal income increased $147.4 billion (0.6 percent at a monthly rate) in October. Disposable personal income (DPI)-personal income less personal current taxes-increased $144.1 billion (0.7 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $69.8 billion (0.3 percent) and consumer spending increased $72.3 billion (0.4 percent). Personal saving was $962.7 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 4.4 percent in October. Full Text

Personal Income and Outlays, October 2024
Personal income increased $147.4 billion (0.6 percent at a monthly rate) in October. Disposable personal income (DPI)-personal income less personal current taxes-increased $144.1 billion (0.7 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $69.8 billion (0.3 percent) and consumer spending increased $72.3 billion (0.4 percent). Personal saving was $962.7 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 4.4 percent in October. Full Text

Published November 27, 2024 at 08:30PM
Read more at bea.gov

Personal income increased $147.4 billion (0.6 percent at a monthly rate) in October. Disposable personal income (DPI)-personal income less personal current taxes-increased $144.1 billion (0.7 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $69.8 billion (0.3 percent) and consumer spending increased $72.3 billion (0.4 percent). Personal saving was $962.7 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 4.4 percent in October. Full Text November 27, 2024 at 08:30PM

Read More

Gross Domestic Product, Third Quarter 2024 (Second Estimate) and Corporate Profits (Preliminary) November 27, 2024 at 07:00PM Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the "second" estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third quarter primarily reflected increases in consumer spending, exports, federal government spending, and business investment. Imports, which are a subtraction in the calculation of GDP, increased. Full Text

Gross Domestic Product, Third Quarter 2024 (Second Estimate) and Corporate Profits (Preliminary)
Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the "second" estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third quarter primarily reflected increases in consumer spending, exports, federal government spending, and business investment. Imports, which are a subtraction in the calculation of GDP, increased. Full Text

Published November 27, 2024 at 07:00PM
Read more at bea.gov

Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the "second" estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third quarter primarily reflected increases in consumer spending, exports, federal government spending, and business investment. Imports, which are a subtraction in the calculation of GDP, increased. Full Text November 27, 2024 at 07:00PM

Read More

Gross Domestic Product for the Commonwealth of the Northern Mariana Islands, 2021 and 2022 November 22, 2024 at 04:30AM Real gross domestic product (GDP) for the Commonwealth of the Northern Mariana Islands increased 16.7 percent in 2022 and 5.1 percent in 2021 after decreasing 29.1 percent in 2020. The growth in real GDP from 2021 to 2022 reflected increases in exports, government spending, and private fixed investment. These increases were partly offset by a decrease in personal consumption expenditures. Imports, a subtraction item in the calculation of GDP, increased. Full Text

Gross Domestic Product for the Commonwealth of the Northern Mariana Islands, 2021 and 2022
Real gross domestic product (GDP) for the Commonwealth of the Northern Mariana Islands increased 16.7 percent in 2022 and 5.1 percent in 2021 after decreasing 29.1 percent in 2020. The growth in real GDP from 2021 to 2022 reflected increases in exports, government spending, and private fixed investment. These increases were partly offset by a decrease in personal consumption expenditures. Imports, a subtraction item in the calculation of GDP, increased. Full Text

Published November 22, 2024 at 04:30AM
Read more at bea.gov

Real gross domestic product (GDP) for the Commonwealth of the Northern Mariana Islands increased 16.7 percent in 2022 and 5.1 percent in 2021 after decreasing 29.1 percent in 2020. The growth in real GDP from 2021 to 2022 reflected increases in exports, government spending, and private fixed investment. These increases were partly offset by a decrease in personal consumption expenditures. Imports, a subtraction item in the calculation of GDP, increased. Full Text November 22, 2024 at 04:30AM

Read More

Outdoor Recreation Satellite Account, U.S. and States, 2023 November 20, 2024 at 08:30PM The U.S. Bureau of Economic Analysis released statistics today measuring the outdoor recreation economy for the nation, all 50 states, and the District of Columbia. The new U.S. data show that the value added of the outdoor recreation economy accounted for 2.3 percent ($639.5 billion) of current-dollar gross domestic product (GDP) for the nation in 2023. At the state level, value added for outdoor recreation as a share of state GDP ranged from 6.3 percent in Hawaii to 1.6 percent in Delaware, Connecticut, and New York. The share was 0.8 percent in the District of Columbia. Full Text

Outdoor Recreation Satellite Account, U.S. and States, 2023
The U.S. Bureau of Economic Analysis released statistics today measuring the outdoor recreation economy for the nation, all 50 states, and the District of Columbia. The new U.S. data show that the value added of the outdoor recreation economy accounted for 2.3 percent ($639.5 billion) of current-dollar gross domestic product (GDP) for the nation in 2023. At the state level, value added for outdoor recreation as a share of state GDP ranged from 6.3 percent in Hawaii to 1.6 percent in Delaware, Connecticut, and New York. The share was 0.8 percent in the District of Columbia. Full Text

Published November 20, 2024 at 08:30PM
Read more at bea.gov

The U.S. Bureau of Economic Analysis released statistics today measuring the outdoor recreation economy for the nation, all 50 states, and the District of Columbia. The new U.S. data show that the value added of the outdoor recreation economy accounted for 2.3 percent ($639.5 billion) of current-dollar gross domestic product (GDP) for the nation in 2023. At the state level, value added for outdoor recreation as a share of state GDP ranged from 6.3 percent in Hawaii to 1.6 percent in Delaware, Connecticut, and New York. The share was 0.8 percent in the District of Columbia. Full Text November 20, 2024 at 08:30PM

Read More

Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2022 November 15, 2024 at 07:00PM Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.35 million workers in the United States in 2022, a 6.8 percent increase from 7.82 million workers in 2021, according to the U.S. Bureau of Economic Analysis. These affiliates accounted for 6.2 percent of total private-industry employment in the United States in 2022. Full Text

Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2022
Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.35 million workers in the United States in 2022, a 6.8 percent increase from 7.82 million workers in 2021, according to the U.S. Bureau of Economic Analysis. These affiliates accounted for 6.2 percent of total private-industry employment in the United States in 2022. Full Text

Published November 15, 2024 at 07:00PM
Read more at bea.gov

Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.35 million workers in the United States in 2022, a 6.8 percent increase from 7.82 million workers in 2021, according to the U.S. Bureau of Economic Analysis. These affiliates accounted for 6.2 percent of total private-industry employment in the United States in 2022. Full Text November 15, 2024 at 07:00PM

Read More

Personal Income by County and Metropolitan Area, 2023 November 14, 2024 at 07:00PM In 2023, personal income, in current dollars, increased in 2,814 counties, decreased in 295, and was unchanged in five counties in 2023. Personal income increased 6.0 percent in the metropolitan portion of the United States and 4.7 percent in the nonmetropolitan portion. Full Text

Personal Income by County and Metropolitan Area, 2023
In 2023, personal income, in current dollars, increased in 2,814 counties, decreased in 295, and was unchanged in five counties in 2023. Personal income increased 6.0 percent in the metropolitan portion of the United States and 4.7 percent in the nonmetropolitan portion. Full Text

Published November 14, 2024 at 07:00PM
Read more at bea.gov

In 2023, personal income, in current dollars, increased in 2,814 counties, decreased in 295, and was unchanged in five counties in 2023. Personal income increased 6.0 percent in the metropolitan portion of the United States and 4.7 percent in the nonmetropolitan portion. Full Text November 14, 2024 at 07:00PM

Read More

U.S. International Trade in Goods and Services, September 2024 November 05, 2024 at 07:00PM The U.S. monthly international trade deficit increased in September 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $70.8 billion in August (revised) to $84.4 billion in September, as exports decreased and imports increased. The goods deficit increased $14.2 billion in September to $109.0 billion. The services surplus increased $0.6 billion in September to $24.6 billion. Full Text

U.S. International Trade in Goods and Services, September 2024
The U.S. monthly international trade deficit increased in September 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $70.8 billion in August (revised) to $84.4 billion in September, as exports decreased and imports increased. The goods deficit increased $14.2 billion in September to $109.0 billion. The services surplus increased $0.6 billion in September to $24.6 billion. Full Text

Published November 05, 2024 at 07:00PM
Read more at bea.gov

The U.S. monthly international trade deficit increased in September 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $70.8 billion in August (revised) to $84.4 billion in September, as exports decreased and imports increased. The goods deficit increased $14.2 billion in September to $109.0 billion. The services surplus increased $0.6 billion in September to $24.6 billion. Full Text November 05, 2024 at 07:00PM

Read More