BEA's Statistics on How Industries Perform Each Quarter Provide Insight into U.S.' Economic Recovery

Thanks to a new set of BEA data, you can now find out how the economic recovery that began in the summer of 2009 is affecting America’s industries each quarter.

January 2015 Trade Gap is $41.8 Billion

The U.S. monthly international trade deficit decreased in January 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $45.6 billion in December (revised) to $41.8 billion in January, as imports decreased more than exports.

Real Disposable Income Rises In January

Personal income rose 0.3 percent in January, the same increase as in December. Wages and salaries, the largest component of personal income, rose 0.6 percent in January after rising 0.1 percent in December.

GDP Increases in Fourth Quarter

Real gross domestic product (GDP) increased 2.2 percent in the fourth quarter of 2014, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.4 percentage point less than the “advance” estimate released in January.

How Do Corporate Inversions Affect the International and National Economic Accounts?

Recently, a growing number of articles in the media have noted U.S. corporations announcing that they intend to move their headquarters overseas.  This practice is known as a corporate inversion, which occurs when a U.S.

BEA Constantly Innovates to Produce New Statistics Measuring the U.S. Economy

The Bureau of Economic Analysis is producing new economic statistics over the course of this year that offer businesses and households additional tools to make informed decisions and illustrate BEA’s innovative approach to b

December 2014 Trade Gap is $46.6 Billion

The U.S. monthly international trade deficit increased in December 2014 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau.  The deficit increased from $39.8 billion in November (revised) to $46.6 billion in December, as exports decreased and imports increased.

2014 Trade Gap is $505.0 Billion

The U.S. international trade deficit increased in 2014, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $476.4 billion in 2013 to $505.0 billion in 2014, as imports increased more than exports. As a percentage of U.S.

Consumer Spending Falls In December

Personal income rose 0.3 percent in December, the same increase as in November. Wages and salaries, the largest component of personal income, rose 0.1 percent in December after rising 0.6 percent in November.

GDP increases in Fourth Quarter

Real gross domestic product (GDP) increased 2.6 percent in the fourth quarter of 2014, according to the “advance” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 5.0 percent.

Widespread Growth Across Industries Continues in Third Quarter 2014

Real gross domestic product (GDP) increased at an annual rate of 5.0 percent in the third quarter of 2014, reflecting positive contributions from 20 of 22 industry groups. The private goods- and services-producing industries, as well as the government sector, contributed to the increase.

Introducing the New BEA Health Care Satellite Account

Total health care spending reached 17.4 percent of gross domestic product (GDP) in 2013, and that share is expected to continue to grow significantly, according to the Centers for Medicare and Medicaid Services.