Bureau of Economic Analysis

The value added of the outdoor recreation economy accounted for 2.4 percent ($696.7 billion) of current-dollar gross domestic product (GDP) for the nation in 2024. Across states and the District of Columbia, value added for outdoor recreation as a share of state GDP ranged from 6.1 percent in Hawaii to 1.0 percent in the District of Columbia.

A blog post from BEA Director Vipin Arora

We use the word “granular” a lot at BEA. It’s not a term that comes up much in day-to-day conversation elsewhere. When I first started hearing it here regularly, I always pictured salt. As in granulated salt. That isn’t crazy—apparently granularity first entered the English language in the 17th century to describe texture. It’s slowly evolved to mean level of detail, which is how we use…

SUITLAND, Md. – The following update to BEA’s post-shutdown economic release schedule is currently available:

U.S. International Trade in Goods and Services, January 2026, will be released March 12 at 8:30 a.m. These data were originally scheduled for release on March 5. 

See BEA’s full economic release schedule on our website.   

A blog post from BEA Director Vipin Arora 

Throughout our history, BEA’s statistics have been developed and used for many purposes. Whether to shed light on the flow of goods and services abroad; compare buying power from one metropolitan area to another; or highlight the income available for saving or spending—and  much, much more—our statistics are used by people all over the country. That includes data users…

Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the fourth quarter of 2025 (October, November, and December), according to the advance estimate released today by the U.S. Bureau of Economic Analysis. In the third quarter, real GDP increased 4.4 percent. The contributors to the increase in real GDP in the fourth quarter were increases in consumer spending and investment. These movements were partly offset by…

Personal income increased $86.2 billion (0.3 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $75.7 billion (0.3 percent), and personal consumption expenditures (PCE) increased $91.0 billion (0.4 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current…

Real personal consumption expenditures (PCE) by state increased in 48 states and the District of Columbia in 2024, with the percent change ranging from 5.3 percent in Massachusetts to –0.2 percent in Montana. Real PCE for the nation increased 2.9 percent in 2024. Real personal income increased in 46 states and the District of Columbia in 2024, with the percent change ranging from 5.5 percent in California to –2.2 percent in North Dakota. Real…

The U.S. monthly international trade deficit increased in December 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $53.0 billion in November (revised) to $70.3 billion in December, as imports increased and exports decreased. The goods deficit increased $15.7 billion in December to $99.3 billion. The services surplus decreased $1.6 billion in December to $29.0 billion.

 A blog post from BEA Director Vipin Arora

Every month, Americans eagerly anticipate BEA’s GDP and personal income and outlays estimates. These statistics are essential for understanding, for instance, how fast our economy is growing, or how rapidly the incomes of people across the country are rising.

Real gross domestic product (GDP) increased in 2,273 counties, decreased in 809 counties, and was unchanged in 24 counties in 2024. County-level changes ranged from a 76.6 percent increase in Carter County, MT, to a 46.3 percent decline in Baca County, CO. Personal income, in current dollars, increased in 2,768 counties, decreased in 331, and was unchanged in 7 counties in 2024. County-level changes ranged from a 22.6 percent increase in…