Bureau of Economic Analysis
Split U.S. International Trade in Goods and Services, August 2025 and Services Supplied Through Affiliates, 2023
U.S. International Trade in Goods and Services, August 2025
The U.S. goods and services trade deficit decreased in August 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $78.2 billion in July (revised) to $59.6 billion in August, as exports increased and imports decreased. The goods deficit decreased $18.1 billion in August to $85.6 billion. The services surplus increased $0.5 billion in August to $26.1 billion.
Services Supplied Through Affiliates, 2023
For 2024, U.S. exports of services were $1,152.7 billion, and U.S. imports of services were $840.9 billion. For 2023—the latest year for which statistics are available—services supplied to foreign persons through foreign affiliates of U.S. multinational enterprises (MNEs) were $2,201.8 billion, and services supplied to U.S. persons through U.S. affiliates of foreign MNEs were $1,586.6 billion. Affiliates supplied most of the services provided to foreign persons by the United States and to U.S. persons by foreign markets in 2023.
Principal Federal Economic Indicators
Noteworthy
The Latest
Economic Release Schedule Update
SUITLAND, Md. – The following update to BEA’s post-shutdown economic release schedule is currently available:
Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2023, will be released Dec. 5 at 8:30 a.m. These data were originally scheduled for release on Nov. 21.
BEA’s economic release schedule will continue to be updated as information becomes available.
U.S. International Trade in Goods and Services, August 2025
The U.S. goods and services trade deficit decreased in August 2025 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $78.2 billion in July (revised) to $59.6 billion in August, as exports increased and imports decreased. The goods deficit decreased $18.1 billion in August to $85.6 billion. The services surplus increased $0.5 billion in August to $26.1 billion.
Economic Release Schedule Updates
SUITLAND, Md. - The following updates to BEA’s post-shutdown economic release schedule are currently available:
U.S. International Trade in Goods and Services, August 2025, will be released Nov. 19 at 8:30 a.m. These data were originally scheduled for release on Oct. 7.
Services Supplied Through Affiliates, 2023, will be released Nov. 19 at 10 a.m. These data were originally scheduled for release on Oct. 7.
BEA’s economic…
BEA Developing Updated Economic Release Schedule
SUITLAND, Md. – The Bureau of Economic Analysis is working to update its schedule of economic releases, which was affected by the government shutdown.
BEA is consulting with the U.S. Census Bureau, the Bureau of Labor Statistics and other data suppliers to determine the availability of data used to produce our economic indicators. We will publish updated release dates as soon as they are available. Check our website for this…
Formula 1 Cars and Economic Statistics
A blog post from BEA Director Vipin Arora
A friend of mine recently went on vacation just to drive fast cars on a professional racetrack. Swiping through endless pictures, my friend waxed lyrical about each car’s acceleration. I share his enthusiasm to go faster—for different reasons. I crunch numbers for a living, so when I hear acceleration, I think about how BEA can deliver the world’s most timely economic statistics even…
U.S. International Investment Position, 2nd Quarter 2025
The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was -$26.14 trillion at the end of the second quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $39.56 trillion, and liabilities were $65.71 trillion. At the end of the first quarter, the net investment position was -$24.65 trillion (revised).
Gross Domestic Product by State and Personal Income by State, 2nd Quarter 2025 and Personal Consumption Expenditures by State, 2024
Real gross domestic product (GDP) increased in 48 states in the second quarter of 2025. The percent change at an annual rate in real GDP was 3.8 percent nationally, with state-level changes ranging from a 7.3 percent increase in North Dakota to a 1.1 percent decline in Arkansas. Personal income increased in all 50 states and the District of Columbia in the second quarter of 2025. The percent change at an annual rate in current-dollar…
Personal Income and Outlays, August 2025
Personal income increased $95.7 billion (0.4 percent at a monthly rate) in August, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $86.1 billion (0.4 percent) and personal consumption expenditures (PCE) increased $129.2 billion (0.6 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current…
Gross Domestic Product, 2nd Quarter 2025 (Third Estimate), GDP by Industry, Corporate Profits (Revised), and Annual Update
Real gross domestic product (GDP) increased at an annual rate of 3.8 percent in the second quarter of 2025 (April, May, and June), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.6 percent (revised). The increase in real GDP in the second quarter primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP, and an increase in consumer…
U.S. International Transactions, 2nd Quarter 2025
The U.S. current-account deficit narrowed by $188.5 billion, or 42.9 percent, to $251.3 billion in the second quarter of 2025, according to statistics released today by BEA. The revised first-quarter deficit was $439.8 billion. The second-quarter deficit was 3.3 percent of current-dollar gross domestic product, down from 5.9 percent in the first quarter.