The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit narrowed ever-so-slightly, down from $40.81Read the Rest...
(John Hinderaker) It has long been obvious that it takes a lot of money to live in New York or San Francisco, while you can get along on much less in, say, Nebraska. But only in April of this year did the Bureau of Economic Analysis systematically compute real per capita income for each of the 50 states, plus the District of Columbia. You can see the results for 2012, the only
The Bureau of Economic Analysis revised its real GDP growth figures for the second quarter, up from an estimated 4.0Read the Rest...
The Bureau of Economic Analysis said that personal spending fell 0.1 percent in July, its first decline since the weather-relatedRead the Rest...
The BEA released the Personal Income and Outlays report for July: Personal income increased $28.6 billion, or 0.2 percent... in July, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $13.6...Show More Summary
Ilya Terentyev/Getty Images American consumers are back! That's the upshot of the latest report on growth in gross domestic product, or GDP, released by the Bureau of Economic Analysis on July 30. Reporting that the U.S. economy expanded...Show More Summary
The Bureau of Economic Analysis (BEA) surprised even the most optimistic of economists when it reported the U.S. economy grew at an annual rate of four percent in the second quarter of 2014. (See: The Problem With Reality in 2014) On the surface, the number-four percent growth-sounds great. Show More Summary
By Bob Mcteer: A graph of the U.S. international trade deficit in goods and services over the past two years by the Bureau of Economic Analysis shows no discernible change, although the surrounding commentary says that the deficit actually increased by $5 billion from June 2013 to June 2014. Show More Summary
The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit narrowed for the second straightRead the Rest...
The Bureau of Economic Analysis said that personal income and spending both increased by 0.4 percent in June, building onRead the Rest...
Samuel Rines Economics, Hoarders beware; the latest GDP print will put you to shame. According the Bureau of Economic Analysis, in the second quarter the US increased inventories at an annual rate of nearly $93 billion dollars. For some...Show More Summary
By Kevin Flynn: The verdict is in, and it is unchanged. The FOMC has delivered the sacred reading of its monetary policy statement, the Bureau of Economic Analysis (BEA) its initial estimate of second quarter GDP. Stock prices rode up...Show More Summary
Today’s report from the Bureau of Economic Analysis shows the US economy to be much stronger than previously thought. The advance estimate for the second quarter of 2014 showed real GDP expanding at an annual rate of 4 percent. The new...Show More Summary
The Bureau of Economic Analysis announced today that U.S. real GDP grew at a 4.0% annual rate in the second quarter. Hopefully that’s the start of something good; but so far, it’s only a start. In part, the growth from Q1 to Q2 looked good because the level for Q1 was so bad. True, the […]
The current economic recovery is still just so-so. As part of today's initial GDP report from the Bureau of Economic Analysis, the BEA also revised GDP for 2011 to 2013 down to 2.0% from 2.2%. For the period spanning the fourth quarter...Show More Summary
The biggest swing in Q1's GDP report came on healthcare prices and spending. The Bureau of Economic Analysis' first estimate projected healthcare spending exploded by 9.9%, the most in more than 30 years. By the third estimate, the BEA found healthcare spending actually fell by 1.4%. Show More Summary
The initial estimate for second quarter GDP is set for release from the Bureau of Economic Analysis at 8:30 am ET. Expectations are for GDP to grow 3% annualized in the second quarter. The latest estimate from the BEA for the first quarter...Show More Summary
On Wednesday, the Bureau of Economic Analysis will release its first estimate of Q2 GDP. The average economist on Wall Street is looking for 3.0% growth, after the 2.9% drop in Q1. Citi, Barclays, Nomura, Goldman Sachs, and UBS are among the big names forecasting between 2.9% and 3.1% growth. Show More Summary
The Bureau of Economic Analysis said that manufacturers added 0.30 percentage points to real GDP in the first quarter ofRead the Rest...
I am a little slow responding to the stunning revision to the first-quarter GDP estimates that came out two weeks ago, but here are my thoughts about the new estimates. The Bureau of Economic Analysis announced on June 25 that U.S. real GDP fell at a 2.9% annual rate during the first quarter, compared with […]