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Gross Domestic Product by State, 2nd Quarter 2020 and Annual Update, 2019 Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia in the second quarter of 2020, as real GDP for the nation decreased at an annual rate of 31.4 percent. The percent change in real GDP in the second quarter ranged from -20.4 percent in the District of Columbia to -42.2 percent in Hawaii and Nevada. Full Text

Personal Income and Outlays, July 2020 Personal income increased 0.4 percent while consumer spending increased 1.9 percent in July, according to estimates released today by the Bureau of Economic Analysis. Full Text

Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2017 Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.4 million workers in the United States in 2017, a 2.8 percent increase from 7.2 million in 2016, according to the Bureau of Economic Analysis. Full Text

Gross Domestic Product for the Commonwealth of the Northern Mariana Islands (CNMI), 2018 The estimates of GDP for the CNMI show that real GDP-GDP adjusted to remove price changes-decreased 19.6 percent in 2018 after increasing 25.5 percent in 2017 (see Table 1.3). For comparison, real GDP for the United States (excluding the territories) increased 2.9 percent in 2018 after increasing 2.4 percent in 2017. Full Text

Gross Domestic Product for Guam, 2018 The estimates of GDP for Guam show that real GDP-GDP adjusted to remove price changes-decreased 0.3 percent in 2018 after increasing 0.2 percent in 2017. For comparison, real GDP for the United States (excluding the territories) increased 2.9 percent in 2018 after increasing 2.4 percent in 2017. Full Text

U.S. International Trade in Goods and Services, August 2019 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $54.9 billion in August, up $0.9 billion from $54.0 billion in July, revised. August exports were $207.9 billion, $0.5 billion more than July exports. August imports were $262.8 billion, $1.3 billion more than July imports. Full Text

Personal Consumption Expenditures by State, 2018 State personal consumption expenditures (PCE) increased 5.1 percent in 2018, an acceleration from the 4.4 percent increase in 2017. The percent change in PCE across all states ranged from 7.3 percent in Utah to 3.6 percent in West Virginia. Full Text

Personal Income and Outlays, August 2019 Personal income increased 0.4 percent in August after increasing 0.1 percent in July. Wages and salaries, the largest component of personal income, increased 0.6 percent in August after increasing 0.2 percent in July. Full Text

Gross Domestic Product, 1st quarter 2019 (second estimate); Corporate Profits, 1st quarter 2019 (preliminary estimate) Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019, according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.2 percent. Full Text

Real Personal Income for States and Metropolitan Areas, 2017 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

Gross Domestic Product by State, 4th quarter 2018 and annual 2018 (preliminary) 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 and Outlays, March 2019 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

Gross Domestic Product, 1st quarter 2019 (advance estimate) 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

Gross Domestic Product by Industry, 4th quarter 2018 and annual 2018 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

U.S. International Trade in Goods and Services, February 2019 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January, revised. February exports were $209.7 billion, $2.3 billion more than January exports. February imports were $259.1 billion, $0.6 billion more than January imports. Full Text

U.S. International Investment Position, 4th quarter and Year 2018 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

Personal Income, February 2019; Personal Outlays, January 2019 Personal income increased 0.2 percent in February after decreasing 0.1 percent in January. Wages and salaries, the largest component of personal income, increased 0.3 percent in February, the same increase as in January. Full Text

Gross Domestic Product, 4th quarter and annual 2018 (third estimate); Corporate Profits, 4th quarter and annual 2018 Real gross domestic product (GDP) increased 2.2 percent in the fourth quarter of 2018, according to the "third" estimate released by the Bureau of Economic Analysis. The growth rate was revised down 0.4 percentage point from the "initial" estimate released in February. In the third quarter, real GDP increased 3.4 percent. Full Text

U.S. International Transactions, 4th quarter and Year 2018 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

U.S. International Trade in Goods and Services, January 2019 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $51.1 billion in January, down $8.8 billion from $59.9 billion in December, revised. January exports were $207.3 billion, $1.9 billion more than December exports. January imports were $258.5 billion, $6.8 billion less than December imports. Full Text