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U.S. Bureau of Economic Analysis

U.S. International Trade in Goods and Services, November 2012 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total November exports of $182.6 billion and imports of $231.3 billion resulted in a goods and services deficit of $48.7 billion, up from $42.1 billion in October, revised. Novem......

Personal Income and Outlays, November 2012 Personal income increased $85.8 billion, or 0.6 percent, and disposable personal income (DPI) increased $74.7 billion, or 0.6 percent, in November, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $41.3 billion, or 0.4 percent. In October, personal inc......

Gross Domestic Product, 3rd quarter 2012 (third estimate); Corporate Profits, 3rd quarter 2012 (revised estimate) Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 3.1 percent in the third quarter of 2012 (that is, from the second quarter to the third quarter), according to the "third" estimate released b......

State Personal Income, 1st quarter 2012-3rd quarter 2012 State personal income growth slowed to 0.5 percent in the third quarter of 2012, from 0.7 percent in the second quarter, according to estimates released today by the U.S. Bureau of Economic Analysis. Growth slowed in 34 states, accelerated in 11, and was unchanged in 5. Growth across states ranged f......

U.S. International Transactions, 3rd quarter 2012 The U.S. current-account deficit-the combined balances on trade in goods and services, income, and net unilateral current transfers-decreased to $107.5 billion (preliminary) in the third quarter from $118.1 billion (revised) in the second quarter. The decrease in the current- account deficit was mor......

Travel and Tourism Satellite Accounts, 3rd quarter 2012 Real spending on travel and tourism slowed in the third quarter of 2012, increasing at an annual rate of 0.6 percent after increasing 2.2 percent (revised) in the second quarter. By comparison, growth in real gross domestic product (GDP) increased 2.7 percent (second estimate) in the third quarter o......

Local Area Personal Income, 2009-2011 Personal income rose in 2011 in all of the nation's 366 metropolitan statistical areas (MSAs) for the first time since 2007, according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income growth ranged from 14.8 percent in Odessa, Texas to 1.0 percent in Rochester, Mi......

Gross Domestic Product by Industry, 2009-2011 Retail trade and durable goods manufacturing were the leading contributors to the deceleration in U.S. economic growth in 2011, according to revised statistics on the breakout of real gross domestic product (GDP) by industry from the Bureau of Economic Analysis. Real GDP growth slowed in 2011, incre......

Gross Domestic Product for the U.S. Virgin Islands, 2009-2010 After declining for two years, the economy of the U.S. Virgin Islands grew in 2010. The estimates for the U.S. Virgin Islands show that real GDP – GDP adjusted to remove price changes – increased 2.9 percent (see Table 1.3). For comparison, real GDP for the U.S. (excluding the territories) increased......

Gross Domestic Product for Guam The estimates for Guam show that real GDP – GDP adjusted to remove price changes – increased 1.2 percent (see Table 1.3). For comparison, real GDP for the U.S. (excluding the territories) increased 2.4 percent in 2010. Ful......

Courtesy bea.gov

Economy News

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CNNMoney's Economy Now blog

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Courtesy cnn.com