April 15, 2024

Gross Domestic Product for Guam, 2022

Real gross domestic product (GDP) for Guam increased 5.1 percent in 2022 after increasing 2.1 percent in 2021. The increase in real GDP reflected increases in exports, private fixed investment, government spending, and personal consumption expenditures. Imports, a subtraction item in the calculation of GDP, increased.

Principal Federal Economic Indicators

Gross Domestic Product
Q4 2023 (3rd)
+3.4%
Personal Income
February 2024
+0.3%
International Trade in Goods and Services
February 2024
-$68.9 B
International Transactions
Q4 2023
-$194.8 B

Noteworthy

The BEA Wire | BEA's Official Blog

Gross Domestic Product for Guam, 2022

Real gross domestic product (GDP) for Guam increased 5.1 percent in 2022 after increasing 2.1 percent in 2021, according to statistics released today by the U.S. Bureau of Economic Analysis. These statistics were developed under the Statistical Improvement Program, funded by the Office of Insular Affairs of the U.S. Department of the Interior.

The increase in real GDP reflected increases in exports, private fixed investment,…

What Do Balance Sheets and Selfies Have in Common? Delving Into Two BEA Statistical Accounts

April 8, 2024

A blog post from BEA Director Vipin Arora

One of the best analogies I’ve ever heard for a balance sheet is that it’s like a selfie—it provides a snapshot at a specific point in time. I guess the difference is that the balance sheet provides a summary of assets and liabilities at that point in time—not some picture where I look lost and confused eating a piece of pizza.

February 2024 Trade Gap is $68.9 Billion

April 4, 2024

The U.S. goods and services trade deficit increased from $67.6 billion in January (revised) to $68.9 billion in February, as imports increased more than exports. The goods deficit decreased $0.3 billion to $91.4 billion, and the services surplus decreased $1.6 billion to $22.5 billion.

Gross Domestic Product by State and Personal Income by State, Preliminary 2023

March 29, 2024

Real gross domestic product (GDP) increased in 49 states and the District of Columbia in 2023, with the percent change ranging from 5.9 percent in North Dakota to –1.2 percent in Delaware.

Gross Domestic Product by State and Personal Income by State, 4th Quarter 2023

March 29, 2024

Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the fourth quarter of 2023, with the percent change ranging from 6.7 percent in Nevada to 0.2 percent in Nebraska.