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U.S. Bureau of Economic Analysis
U.S. International Trade in Goods and Services, March 2016
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $40.4 billion in March, down $6.5 billion from $47.0 billion in February, revised. March exports were $176.6 billion, $1.5 billion less than F......
Personal Income and Outlays, March 2016
Personal income increased $57.4 billion, or 0.4 percent, and disposable personal income (DPI) increased $50.4 billion, or 0.4 percent, in March, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $12.8 billion, or 0.1 percent. In February, personal incom......
Gross Domestic Product, 1st quarter 2016 (advance estimate)
Real gross domestic product -- the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production, adjusted for price changes -- increased at an annual rate of 0.5 percent in the first quarter of 2016, according to the "advance" estima......
Gross Domestic Product by Industry, 4th quarter and annual 2015
Information; construction; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2015. According to statistics on the breakout of gross domestic product (GDP) by industry released today by the Bureau of Eco......
U.S. International Investment Position, 4th quarter 2015
The U.S. net international investment position at the end of the fourth quarter of 2015 was -$7,356.8 billion (preliminary), as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the third quarter of 2015, the net position was -$7,311.6 billion (revised). Economy News
Coke stops production in Venezuela amid sugar crisis
Coca-Cola announced it had suspended production of Coke in Venezuela and other sugar-sweetened beverages due to a lack of raw sugar.


Millionaires chalk success up to hard work and family values
The wealthiest Americans say it's not connections or talent that make you rich -- it's strong family values and hard work.
Brexit fears grow as China, oil worries abate
The British referendum vote on whether to stay in the European Union has sparked major concerns as fears about China and low oil prices are subsiding for now.

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Will Switzerland give every adult $2,500 a month?
Read full story for latest details.
The U.S. is 'basically at full employment'
America is 'basically at full employment,' San Francisco Federal Reserve President John Williams said Monday.


Apple, tech giants lead $1.6 trillion cash hoard
Apple, Microsoft and Google are leading corporate America's cash hoarding to over $1.6 trillion, double the pre-recession figure for cash assets held by non-financial U.S. companies.
GE is creating over 2,000 new jobs...in Saudi Arabia
Read full story for latest details.

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Minimum wage since 1938
When the federal minimum wage first became law in 1938, it was 25 cents. Adjusted for inflation, that would be worth $4.19 today. Scroll over the chart to see historical minimum wage amounts, and their corresponding values in today's dollars.
Courtesy cnn.com




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Maricopa County Department of Finance
301 W. Jefferson, Suite 960
Phoenix, AZ 85003-2906
Ph: 602-506-3561
Fax: 602-506-3439
Email: finance@mail.maricopa.gov
Email: collections@mail.maricopa.gov
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