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Trade Deficit decreased in February to $35.4 Billion

The Department of Commerce reported:The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $35.4 billion in February, down $7.2 billion from $42.7 billion in January, revised. Show More Summary

Personal Income increased 0.4% in February, Spending increased 0.1%

The BEA released the Personal Income and Outlays report for February: Personal income increased $58.6 billion, or 0.4 percent... in February, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE)increased...Show More Summary

Real GDP Grew 2.2 Percent in the Fourth Quarter, Consistent with its Earlier Estimate

The Bureau of Economic Analysis said that real GDP grew 2.2 percent in the fourth quarter.  As such, headline growthRead the Rest...

Trade Deficit decreased in January to $41.8 Billion

Earlier the Department of Commerce reported:The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $41.8 billion in January, down $3.8 billion from $45.6 billion in December, revised. Show More Summary

U.S. Trade Deficit Narrowed Somewhat in January

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit narrowed somewhat, down from $45.60Read the Rest...

The Diseases We Spend Our Health Dollars On

Drew Altman: The Bureau of Economic Analysis has made health spending more comprehensible by analyzing health spending and price growth by common diseases and diagnoses such as cancer, heart disease, diabetes, and even the common co...

The Defining 20 US Industries

During the course of making my book, I took a look at the GDP Industry data from the Bureau of Economics Analysis and I decided to graph the 60 years of data showing the share of each industry in the US economy. Each graph is on the same x- and y-scales to support comparisons across all of them. Show More Summary

Personal Spending Fell in January for the Second Straight Month

The Bureau of Economic Analysis said that personal spending decreased by 0.2 percent in January, falling for the second straightRead the Rest...

Personal Income increased 0.3% in January, Spending decreased 0.2%

The BEA released the Personal Income and Outlays report for January: Personal income increased $50.8 billion, or 0.3 percent... in January, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased...Show More Summary

Real GDP Growth Revised Down to 2.2 Percent in the Fourth Quarter

Real GDP grew 2.2 percent in the fourth quarter, according to the Bureau of Economic Analysis. This was down fromRead the Rest...

Reader Mailbag: Behind the Numbers on Price Differences

On Saturday, The Numbers examined how regional price differences affect purchasing power, and several readers noted that the most dramatic differences are related to housing. That’s true. The U.S. Bureau of Economic Analysis publishes differences in the costs of rents, goods and other expenses across states and metropolitan areas. Show More Summary

U.S. Trade Deficit Increased in December to its Highest Level of 2014

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit rose to its highest levelRead the Rest...

Trade Deficit increases in December to $46.6 Billion

The Department of Commerce reported:The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $46.6 billion in December, up $6.8 billion from $39.8 billion in November, revised. Show More Summary

Personal Spending Fell in December

The Bureau of Economic Analysis said that personal spending fell 0.3 percent in December, the first decline in consumer activityRead the Rest...

BEA: Personal Income increased 0.3% in December, Core PCE prices up 1.3% year-over-year

The BEA released the Personal Income and Outlays report for December: Personal income increased $41.3 billion, or 0.3 percent... in December, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased...Show More Summary

Another solid GDP report

The Bureau of Economic Analysis announced yesterday that U.S. real GDP grew at a 2.6% annual rate in the third quarter. Even factoring in the dismal start to the year, that leaves full-year GDP growth during 2014 at 2.4% (the best annual performance since 2010) and growth at an annual rate of 4% over the […]

As US Growth Slows in Q4, Inflation Turns Negative

The Bureau of Economic Analysis reported today that the growth rate of real GDP slowed to anannual rate of 2.6 percent in the fourth quarter of 2014. That is barely half of the 5 percent rate reported for the third quarter, but still a bit above the 2.4 percent average growth rate since the recovery began in mid-2009. Show More Summary

The U.S. Economy Grew 2.6 Percent in the Fourth Quarter, or 2.4 Percent for 2014 as a Whole

The Bureau of Economic Analysis said that the U.S. economy grew 2.6 percent in the fourth quarter, somewhat slower thanRead the Rest...

Strange Realities: US Culture Industry Has Fewer Jobs But More Money

3 months agoArts : Hyperallergic

Arts and culture matters much more to the economy than previously known, according to a new report issued by the US Bureau of Economic Analysis (BEA).

These Industries Benefit Most From Falling Energy Costs

Businesses and consumers alike love falling energy costs. Obviously, the more energy-intensive users benefit the most from the recent ~40% plunge in oil prices. "US Bureau of Economic Analysis (BEA) data show that energy input costs equate to more than 2% of US private industry gross output (revenues)," Goldman Sachs' David Kostin noted. Show More Summary

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