The New Economics Data

The United States Bureau of Economic Analysis provides the following data and reports.


U.S. Bureau of Economic Analysis: U.S. Bureau of Economic Analysis
Real state personal income grew 2.6 percent in 2017, after increasing 1.5 percent in 2016, according to estimates released today by the Bureau of Economic Analysis. Real state personal income is a state’s current-dollar personal income adjusted by the state’s regional price parity and the national personal consumption expenditures price index. The percent change in real state personal income ranged from 4.5 percent in New York to -1.3 percent in North Dakota. Across metropolitan areas, the percent change ranged from 14.8 percent in Midland, MI to -5.9 percent in Enid, OK. Full Text
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $50.0 billion in March, up $0.7 billion from $49.3 billion in February, revised. March exports were $212.0 billion, $2.1 billion more than February exports. March imports were $262.0 billion, $2.8 billion more than February imports. Full Text
Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the fourth quarter of 2018. The percent change in real GDP in the fourth quarter ranged from 6.6 percent in Texas to 0.0 percent in Delaware. Full Text
Personal income increased 0.1 percent in March after increasing 0.2 percent in February. Wages and salaries, the largest component of personal income, increased 0.4 percent in March after increasing 0.3 percent in February. Full Text
Real gross domestic product (GDP) increased 3.2 percent in the first quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent. Full Text
Wholesale trade; mining; and information were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2018. Overall, 15 of 22 industry groups contributed to the 2.2 percent increase in real GDP in the fourth quarter. Full Text
The U.S. net international investment position decreased to -$9,717.1 billion (preliminary) at the end of the fourth quarter of 2018 from -$9,634.8 billion (revised) at the end of the third quarter. The $82.4 billion decrease reflected net financial transactions of -$199.2 billion and net other changes in position, such as price and exchange-rate changes, of $116.8 billion. Full Text
The U.S. current-account deficit increased to $134.4 billion (preliminary) in the fourth quarter of 2018 from $126.6 billion (revised) in the third quarter of 2018. As a percentage of U.S. GDP, the deficit increased to 2.6 percent from 2.5 percent. The previously published current-account deficit for the third quarter was $124.8 billion. Full Text
State personal income increased 4.5 percent in 2018, after increasing 4.4 percent in 2017. In 2018, personal income increased in all states and the District of Columbia. The percent change in personal income across all states ranged from 6.8 percent in Washington to 2.9 percent in Hawaii. Full Text
The Arts and Cultural Production Satellite Account (ACPSA) released today by the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) shows that arts and cultural economic activity, adjusted for inflation, increased 2.9 percent in 2016. That compares with a 5.4 percent increase in 2015. Arts and cultural economic activity accounted for 4.3 percent of gross domestic product (GDP), or $804.2 billion, in 2016. Full Text