The BEA Wire | BEA's Official Blog

The U.S. monthly international trade deficit increased in January 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $53.9 billion in December (revised) to $56.6 billion in January, as exports decreased more than imports.

The U.S. international trade deficit increased in 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $504.8 billion in 2016 to $568.4 billion in 2017, as imports increased more than exports. As a percentage of U.S.

In the big picture, arts and culture account for 4.2 percent of the U.S. economy in the Bureau of Economic Analysis' latest statistics. Want to zoom in for a close-up? Now you can, using detailed data that are available for each state for the first time.

Personal income increased 0.4 percent in January, the same increase as in December. Wages and salaries, the largest component of personal income, increased 0.5 percent in January after increasing 0.4 percent in December.

The Bureau of Economic Analysis is lifting the curtain on the role arts and culture play in each state's economy.

Americans who hit the trails to ski, bike or hike aren’t just working up a sweat; they’re also generating economic activity. Outdoor recreation accounted for 2.0 percent of the U.S.

BEA’s first look at the outdoor recreation economy is coming Feb. 14, but you can get a sneak peek right now at what the statistics will cover.

The U.S. international trade deficit increased in 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $504.8 billion in 2016 to $566.0 billion in 2017, as imports increased more than exports. As a percentage of U.S. gross domestic product, the goods and services deficit was 2.9 percent in 2017, up from 2.7 percent in 2016. The goods deficit increased from $752.5 billion in 2016 to $810.0 billion in 2017, and the services surplus decreased from $247.7 billion in 2016 to $244.0 billion in 2017.

The U.S. Bureau of Economic Analysis on Feb. 14 will release for the first time prototype statistics measuring the economic effects of outdoor recreation – pursuits like boating, RVing  and snowboarding.

These prototype statistics covering 2012-2016 will be available in a news release and data tables posted on BEA’s website at 8:30 a.m. Eastern time.

Personal income increased 0.4 percent in December after increasing 0.3 percent in November. Wages and salaries, the largest component of personal income, increased 0.5 percent in December after increasing 0.4 percent in November.

Real gross domestic product (GDP) increased 2.6 percent in the fourth quarter of 2017, according to the “advance” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.