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Gross Domestic Product: Second Quarter 2018 (Second Estimate)
Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2018, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.1 percentage point more than the “advance” estimate released in July. In the first quarter, real GDP increased 2.2 percent.
Gross Domestic Product: Second Quarter 2018 (Second Estimate); Corporate Profits: Second Quarter 2018 (Preliminary Estimate)
American Samoa GDP Decreases in 2017
The estimates of GDP for American Samoa show that real GDP—GDP adjusted to remove price changes—decreased 5.3 percent in 2017 after decreasing 2.7 percent in 2016. For comparison, real GDP for the United States (excluding the territories) increased 2.2 percent in 2017 after increasing 1.6 percent in 2016.
Activities of U.S. Multinational Enterprises: 2016
Worldwide employment by U.S. multinational enterprises (MNEs) increased 0.4 percent to 42.3 million workers (preliminary) in 2016 from 42.1 million (revised) in 2015, according to statistics released by the Bureau of Economic Analysis on the operations and finances of U.S. parent companies and their foreign affiliates.
U.S. International Trade in Goods and Services, June 2018
The U.S. monthly international trade deficit increased in June 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $43.2 billion in May(revised) to $46.3 billion in June, as exports decreased and imports increased. The previously published May deficit was $43.1 billion. The goods deficit increased $3.1 billion in June to $68.8 billion. The services surplus decreased less than $0.1 billion in June to $22.5 billion.
Current release: August 3, 2018Next release: September 5, 2018
Personal Income and Outlays, June 2018
Personal income increased 0.4 percent in June, the same increase as in May. Wages and salaries, the largest component of personal income, increased 0.4 percent in June after increasing 0.3 percent in May.
Direct Investment by Country and Industry, 2017
In 2017, the U.S. direct investment abroad position increased to $6,013.3 billion and the foreign direct investment in the United States position increased to $4,025.5 billion, according to statistics released by the Bureau of Economic Analysis (BEA). The increases were mainly due to increased investment with countries in Europe.
Gross Domestic Product, 2nd quarter 2018 (advance estimate), and comprehensive update
Real gross domestic product increased at an annual rate of 4.1 percent in the second quarter of 2018 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent (revised).
Gross Domestic Product by State, 1st quarter 2018
Real gross domestic product (GDP) increased in 48 states and the District of Columbia in the first quarter of 2018, according to statistics released today by the U.S. Bureau of Economic Analysis. The percent change in real GDP in the first quarter ranged from 3.6 percent in Washington to -0.6 percent in North Dakota.
Gross Domestic Product by Industry, 1st quarter 2018
Real estate and rental and leasing; information; and nondurable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2018. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 14 of 22 industry groups contributed to the overall 2.0 percent increase in real GDP in the first quarter.
New Foreign Direct Investment in the United States: 2017
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $259.6 billion (preliminary) in 2017. Expenditures were down 32 percent from $379.7 billion (revised) in 2016 and were below the annual average of $359.9 billion for 2014-2016. As in previous years, acquisitions of existing businesses accounted for a large majority of total expenditures.
U.S. International Investment Position, 1st quarter 2018, Year 2017, and annual update
The U.S. net international investment position decreased to -$7,888.1 billion (preliminary) at the end of the first quarter of 2018 from -$7,725.0 billion (revised) at the end of the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The $163.1 billion decrease reflected a $182.8 billion decrease in U.S. assets and a $19.7 billion decrease in U.S. liabilities.
Current Release: June 27, 2018Next release: September 26, 2018
State Quarterly Personal Income, 1st quarter 2018
State personal income increased 4.3 percent at an annual rate in the first quarter of 2018, after increasing 4.7 percent in the fourth quarter of 2017, according to estimates released today by the Bureau of Economic Analysis1 (table 1). Personal income increased in all states and the District of Columbia. The percent change in personal income across all states ranged from 7.4 percent in Washington to 2.0 percent in Idaho.
U.S. International Transactions, 1st quarter 2018 and annual update
The U.S. current-account deficit increased to $124.1 billion (preliminary) in the first quarter of 2018 from $116.1 billion (revised) in the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.5 percent of current-dollar gross domestic product (GDP) in the first quarter, up from 2.4 percent in the fourth quarter.
Real Personal Income for States and Metropolitan Areas, 2016
Real state personal income grew on average 1.1 percent in 2016, after increasing 4.7 percent in 2015. The percent change in real state personal income ranged from 3.3 percent in Utah and Georgia to -3.6 percent in Wyoming. In the District of Columbia, real personal income grew 4.5 percent. Across metropolitan areas, the percent change ranged from 6.6 percent in Jacksonville, NC to -8.1 percent in Midland, TX and Odessa, TX.
Real estate start-up Redfin surges over 44% in IPO: 'We are the Apple of real estate,' CEO says
Redfin specializes in buying and selling homes and uses a mobile app for tasks such as scheduling home tours and suggesting listings.
The Week That Was: Health-care reform fails
CNBC's Morgan Brennan looks back at the week's top business and financial stories.
TREASURIES-Yields fall as U.S. wage data reinforces low inflation fears
*North Korea missile test sparks bond safety buying. NEW YORK, July 28- U.S. You're getting further confirmation that there's not a meaningful pick up in wages, which probably doesn't bode well for the outlook for inflation, "said Subadra Rajappa, head of U.S. interest rate strategy at Societe Generale in New York.