Personal income remained flat in April after increasing 0.3 percent in March. Wages and salaries, the largest component of personal income, remained flat in April after increasing 0.2 percent in March.
The BEA Wire | BEA's Official Blog
GDP Growth Accelerates in First Quarter
Real gross domestic product (GDP) increased 2.4 percent in the first quarter of 2013 after increasing 0.4 percent in the fourth quarter of 2012, according to estimates released by the Bureau of Economic Analysis.
May 31st Deadline for Returning Completed Foreign Direct Investment Surveys Draws Near
The May 31st deadline is rapidly approaching for people to return their completed BE–12 surveys to the U.S. Bureau of Economic Analysis.
March 2013 Trade Gap is $38.8 Billion
The U.S. monthly international trade deficit decreased in March 2013 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $43.6 billion (revised) in February to $38.8 billion in March as imports decreased more than exports.
Real Consumer Spending Increased in March
Personal income increased 0.2 percent in March after increasing 1.1 percent in February. Wages and salaries, the largest component of personal income, increased 0.2 percent in March after increasing 0.7 percent in February.
GDP Growth Picks Up in the First Quarter
Real gross domestic product (GDP) accelerated in the first quarter of 2013, increasing 2.5 percent after increasing 0.4 percent in the fourth quarter of 2012, according to estimates released by the Bureau of Economic Analysis.
Durable-Goods Manufacturing Led Growth in 2012
Durable-goods manufacturing, finance and insurance, and wholesale trade services were the leading contributors to U.S. economic growth in 2012, according to advance statistics on the breakout of real gross domestic product (GDP) by industry from the Bureau of Economic Analysis.
February 2013 Trade Gap is $43.0 Billion
The U.S. monthly international trade deficit decreased in February 2013 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $44.5 billion (revised) in January to $43.0 billion in February as exports increased more than imports.
Personal Income Increases in February
Personal income increased 1.1 percent in February after decreasing 3.7 percent in January. The January decrease reflected accelerated bonus payments and dividend distributions in December in anticipation of income tax changes.
GDP Growth Slows in Fourth Quarter
Real gross domestic product (GDP) increased 0.4 percent in the fourth quarter of 2013 after increasing 3.1 percent in the third quarter, according to estimates released today by the Bureau of Economic Analysis.
State Personal Income: Fourth Quarter 2012
In the fourth quarter of 2012, average state personal income growth accelerated to 1.9 percent from 0.6 percent in the third quarter, the fastest pace since the first quarter of 2011. Fourth-quarter growth ranged from 1.3 percent in West Virginia to 4.8 percent in South Dakota.
Fourth Quarter 2012 U.S. Net International Investment Position
The U.S. net international investment position was –$4,416.2 billion (preliminary) at the end of the fourth quarter of 2012 compared with –$4,663.4 billion at the end of the third quarter as the value of foreign investments in the United States exceeded the value of U.S. investments abroad.