The BEA Wire | BEA's Official Blog
Trust Regulation Effective Today: Delivering Better Data and Evidence for the American Public
For over 100 years, our nation’s statistical system has delivered trusted, high-quality statistics that drive government, business, and household decisions. Over that time, BEA and other statistical agencies have evolved with and adapted to our ever-changing economy.
How Do Prices Where I Live Compare With Other Parts of the Country?
A blog post from BEA Director Vipin Arora
An old boss of mine was fond of a BEA product t
October 2024 Trade Gap is $73.8 Billion
The U.S. goods and services trade deficit decreased from $83.8 billion in September (revised) to $73.8 billion in October, as imports decreased more than exports. The goods deficit decreased $10.4 billion to $98.7 billion, and the services surplus decreased $0.4 billion to $24.8 billion.
Personal Income and Outlays, October 2024
Personal income increased $147.4 billion (0.6 percent at a monthly rate) in October. Disposable personal income (DPI)—personal income less personal current taxes—increased $144.1 billion (0.7 percent).
Gross Domestic Product (Second Estimate) Corporate Profits (Preliminary Estimate) Third Quarter 2024
Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the “second” estimate. In the second quarter, real GDP increased 3.0 percent.
Activities of U.S Affiliates of Foreign Multinational Enterprises, 2022
Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.35 million workers in the United States in 2022, a 6.8 percent increase from 7.82 million workers in 2021, according to the U.S. Bureau of Economic Analysis.
September 2024 Trade Gap is $84.4 Billion
The U.S. goods and services trade deficit increased from $70.8 billion in August (revised) to $84.4 billion in September, as exports decreased and imports increased. The goods deficit increased $14.2 billion to $109.0 billion, and the services surplus increased $0.6 billion to $24.6 billion.
Personal Income and Outlays, September 2024
Personal income increased $71.6 billion (0.3 percent at a monthly rate) in September. Disposable personal income (DPI)—personal income less personal current taxes—increased $57.4 billion (0.3 percent).
Gross Domestic Product, Third Quarter 2024 (Advance)
Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the “advance” estimate. In the second quarter, real GDP increased 3.0 percent.
August 2024 Trade Gap is $70.4 Billion
The U.S. goods and services trade deficit decreased from $78.9 billion in July (revised) to $70.4 billion in August, as exports increased and imports decreased. The goods deficit decreased $8.4 billion to $94.9 billion, and the services surplus increased $0.1 billion to $24.4 billion.
Personal Income and Outlays, August 2024
Personal income increased $50.5 billion (0.2 percent at a monthly rate) in August. Disposable personal income —personal income less personal current taxes— increased $34.2 billion (0.2 percent).
Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Second Quarter 2024 and Annual Update
Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2024, according to the “third” estimate. In the first quarter, real GDP increased 1.6 percent (revised).