• U.S. International Investment Position, 4th Quarter and Year 2024

    The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$26.23 trillion at the end of the fourth quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $35.89 trillion, and liabilities were $62.12 trillion. At the end of the third quarter, the net investment position was -$24.15 trillion (revised).Full Text
  • U.S. International Transactions, 4th Quarter and Year 2024

    The U.S. current-account deficit narrowed by $6.3 billion, or 2.0 percent, to $303.9 billion in the fourth quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised third-quarter deficit was $310.3 billion. The fourth-quarter deficit was 4.1 percent of current-dollar gross domestic product, down from 4.2 percent in the third quarter.Full Text
  • U.S. International Trade in Goods and Services, January 2025

    The U.S. monthly international trade deficit increased in January 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $98.1 billion in December (revised) to $131.4 billion in January, as imports increased more than exports. The goods deficit increased $33.5 billion in January to $156.8 billion. The services surplus increased $0.2 billion in January to $25.4 billion.Full Text
  • Personal Income and Outlays, January 2025

    Personal income increased $221.9 billion (0.9 percent at a monthly rate) in January, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)-personal income less personal current taxes-increased $194.3 billion (0.9 percent) and personal consumption expenditures (PCE) decreased $30.7 billion (0.2 percent). Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-decreased $52.7 billion in January. P
  • Advertisement

  • Gross Domestic Product, 4th Quarter and Year 2024 (Second Estimate)

    Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024, according to the second estimate. In the third quarter, real GDP increased 3.1 percent. The increase in real GDP in the fourth quarter primarily reflected increases in consumer spending and government spending that were partly offset by a decrease in investment. Imports, which are a subtraction in the calculation of GDP, decreased.Full Text
  • U.S. International Trade in Goods and Services, December and Annual 2024

    The U.S. monthly international trade deficit increased in December 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $78.9 billion in November (revised) to $98.4 billion in December, as imports increased and exports decreased. The goods deficit increased $18.9 billion in December to $123.0 billion. The services surplus decreased $0.6 billion in December to $24.5 billion.Full Text
  • Personal Income and Outlays, December 2024

    Personal income increased $92.0 billion (0.4 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)-personal income less personal current taxes-increased $79.7 billion (0.4 percent) and personal consumption expenditures (PCE) increased $133.6 billion (0.7 percent). Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-increased $129.5 billion in December.
  • Gross Domestic Product, 4th Quarter and Year 2024 (Advance Estimate)

    Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024, according to the advance estimate. In the third quarter, real GDP increased 3.1 percent. The increase in real GDP in the fourth quarter primarily reflected increases in consumer spending and government spending that were partly offset by a decrease in investment. Imports, which are a subtraction in the calculation of GDP, decreased.Full Text
  • Advertisement

  • U.S. International Trade in Goods and Services, November 2024

    The U.S. monthly international trade deficit increased in November 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $73.6 billion in October (revised) to $78.2 billion in November, as imports increased more than exports. The goods deficit increased $5.4 billion in November to $103.4 billion. The services surplus increased $0.9 billion in November to $25.2 billion.Full Text
  • U.S. International Investment Position, 3rd Quarter 2024

    The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$23.60 trillion at the end of the third quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $37.86 trillion, and liabilities were $61.46 trillion. At the end of the second quarter, the net investment position was -$22.55 trillion (revised).Full Text
  • Gross Domestic Product by State and Personal Income by State, 3rd Quarter 2024

    Real gross domestic product increased in 46 states and the District of Columbia in the third quarter of 2024, with the percent change ranging from 6.9 percent at an annual rate in Arkansas to -2.3 percent in North Dakota.Personal income, in current dollars, increased in 49 states and the District of Columbia, with the percent change ranging from 5.4 percent at an annual rate in Arkansas to -0.7 percent in North Dakota.Full Text
  • Personal Income and Outlays, November 2024

    Personal income increased $71.1 billion (0.3 percent at a monthly rate) in November. Disposable personal income (DPI)-personal income less personal current taxes-increased $61.1 billion (0.3 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $78.2 billion (0.4 percent) and consumer spending increased $81.3 billion (0.4 percent). Personal saving was $968.1 billion and the personal saving rate-
  • Gross Domestic Product, (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Third Quarter 2024

    Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the third quarter of 2024, according to the "third" estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third quarter primarily reflected increases in consumer spending, exports, business investment, and federal government spending. Imports, which are a subtraction in the calculation of GDP, increased.Full Text
  • U.S. International Transactions, 3rd Quarter 2024

    The U.S. current-account deficit widened by $35.9 billion, or 13.1 percent, to $310.9 billion in the third quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised second-quarter deficit was $275.0 billion. The third-quarter deficit was 4.2 percent of current-dollar gross domestic product, up from 3.7 percent in the second quarter.Full Text
  • Real Personal Consumption Expenditures by State and Real Personal Income by State and Metropolitan Area, 2023

    Real personal consumption expenditures (PCE) by state increased in 48 states and the District of Columbia in 2023, with the percent change ranging from 7.3 percent in Maine to -0.6 percent in Alabama. Real PCE for the nation increased 2.5 percent in 2023.Full Text
  • U.S. International Trade in Goods and Services, October 2024

    The U.S. monthly international trade deficit decreased in October 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $83.8 billion in September (revised) to $73.8 billion in October, as imports decreased more than exports. The goods deficit decreased $10.4 billion in October to $98.7 billion. The services surplus decreased $0.4 billion in October to $24.8 billion.Full Text
  • Gross Domestic Product by County and Metropolitan Area, 2023

    In 2023, real gross domestic product (GDP) increased in 2,357 counties, decreased in 734 counties, and was unchanged in 23 counties. The percent change in real GDP ranged from 125.8 percent in Throckmorton County, TX, to -39.6 percent in Lincoln County, WA.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
  • 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
  • Gross Domestic Product, 3rd 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
  • 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
  • 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, Co
  • 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
  • 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
  • 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
  • Personal Income and Outlays, September 2024

    Personal income increased $71.6 billion (0.3 percent at a monthly rate) in September. Disposable personal income (DPI)-personal income less personal current taxes-increased $57.4 billion (0.3 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $106.3 billion (0.5 percent) and consumer spending increased $105.8 billion (0.5 percent). Personal saving was $1.00 trillion and the personal saving ra
  • Gross Domestic Product, Third Quarter 2024 (Advance Estimate)

    Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the "advance" estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third quarter primarily reflected increases in consumer spending, exports, and federal government spending. Imports, which are a subtraction in the calculation of GDP, increased.Full Text
  • U.S. International Trade in Goods and Services, August 2024

    The U.S. monthly international trade deficit decreased in August 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $78.9 billion in July (revised) to $70.4 billion in August, as exports increased and imports decreased. The goods deficit decreased $8.4 billion in August to $94.9 billion. The services surplus increased $0.1 billion in August to $24.4 billion.Full Text
  • Personal Consumption Expenditures by State, 2023

    Personal consumption expenditures (PCE) increased in all 50 states and the District of Columbia in 2023. The percent change ranged from 8.1 percent in Florida to 4.7 percent in Iowa. Nationally, current-dollar PCE increased 6.4 percent in 2023 after increasing 9.8 percent in 2022.Full Text
  • Gross Domestic Product by State and Personal Income by State, 2nd Quarter 2024

    Real gross domestic product increased in 49 states and the District of Columbia in the second quarter of 2024, with the percent change ranging from 5.9 percent at an annual rate in Idaho to -1.1 percent in Alaska. Personal income, in current dollars, increased in all 50 states and the District of Columbia, with the percent change ranging from 6.9 percent at an annual rate in South Carolina to 2.3 percent in North Dakota.Full Text
  • Personal Income and Outlays, August 2024

    Personal income increased $50.5 billion (0.2 percent at a monthly rate) in August. Disposable personal income (DPI)-personal income less personal current taxes- increased $34.2 billion (0.2 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $48.3 billion (0.2 percent) and consumer spending increased $47.2 billion (0.2 percent). Personal saving was $1.05 trillion and the personal saving rate-p
  • Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Second Quarter 2024 and Annual Update

    Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2024, according to the "third" estimate. In the first quarter, real GDP increased 1.6 percent (revised). The second-quarter increase in real GDP was the same as previously estimated in the "second" estimate released in August. The increase in the second quarter primarily reflected increases in consumer spending, inventory investment, and business investment. Imports, which are a subtraction in t
  • U.S. International Investment Position, 2nd Quarter 2024

    The U.S. net international investment position, the difference between U.S. residents' foreign financial assets and liabilities, was -$22.52 trillion at the end of the second quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $36.00 trillion, and liabilities were $58.52 trillion. At the end of the first quarter, the net investment position was -$21.29 trillion (revised).Full Text
  • U.S. International Transactions, 2nd Quarter 2024

    The U.S. current-account deficit widened by $25.8 billion, or 10.7 percent, to $266.8 billion in the second quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised first-quarter deficit was $241.0 billion. The second-quarter deficit was 3.7 percent of current-dollar gross domestic product, up from 3.4 percent in the first quarter.Full Text
  • U.S. International Trade in Goods and Services, July 2024

    The U.S. goods and services trade deficit increased in July 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $73.0 billion in June (revised) to $78.8 billion in July, as imports increased more than exports. The goods deficit increased $5.6 billion in July to $103.1 billion. The services surplus decreased $0.2 billion in July to $24.3 billion.Full Text
  • Personal Income and Outlays, July 2024

    Personal income increased $75.1 billion (0.3 percent at a monthly rate) in July. Disposable personal income (DPI)-personal income less personal current taxes-increased $54.8 billion (0.3 percent). Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $103.3 billion (0.5 percent) and consumer spending increased $103.8 billion (0.5 percent). Personal saving was $598.8 billion and the personal saving rate-pe
  • Gross Domestic Product (Second Estimate), Corporate Profits (Preliminary Estimate), Second Quarter 2024

    Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2024, according to the "second" estimate. In the first quarter, real GDP increased 1.4 percent. The increase in the second quarter primarily reflected increases in consumer spending, private inventory investment, and business investment. Imports, which are a subtraction in the calculation of GDP, increased.Full Text
  • Activities of U.S. Multinational Enterprises, 2022

    Worldwide employment by U.S. multinational enterprises increased 2.2 percent to 44.3 million workers in 2022 (preliminary) from 43.3 million workers in 2021 (revised), according to statistics released today by the U.S. Bureau of Economic Analysis on the operations and finances of U.S. parent companies and their foreign affiliates.Full Text
  • U.S. International Trade in Goods and Services, June 2024

    The U.S. goods and services trade deficit decreased in June 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $75.0 billion in May (revised) to $73.1 billion in June, as exports increased more than imports. The goods deficit decreased $2.5 billion in June to $97.4 billion. The services surplus decreased $0.6 billion in June to $24.2 billion.Full Text
  • 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
  • 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-pers
  • 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
  • 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 bil
  • 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
  • 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
  • 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 percent change ranging from 9.5 percent at an annual rate in South Carolina to 0.6 percent in North Dakota.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 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 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 product, up from 3.2 percent in the fourth quarter.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, a subtraction item in the calculation of GDP, decreased.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 gross output.Full Text

Follow @NL_Government on Twitter!