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 […]
By Ed Dolan: The third estimate of U.S. real GDP for Q1 2014, released this week by the Bureau of Economic Analysis, showed that the economy contracted at a 2.9 percent annual rate in the quarter. That was the fastest rate of contraction since the recovery began five years ago. Show More Summary
The third estimate of U.S. real GDP for Q1 2014, released this week by the Bureau of Economic Analysis, showed that the economy contracted at a 2.9 percent annual rate in the quarter. That was the fastest rate of contraction since the recovery began five years ago. Show More Summary
The Bureau of Economic Analysis (BEA) reported June 25th that the U.S. GDP in the first quarter of 2014 was a dismal -2.9%, despite unemployment being unchanged and personal income growing at a healthy 3.2% annual rate. According David...Show More Summary
Oh snap! Have you heard the new shocking Bureau of Economic Analysis statistic showing that the average woman spends $3,400 a year on clothing? While we're all for the occasional shopping splurge, this shocking stat is just what we need to get us in the mindset to re-use and recycle some of our less-worn closet pieces. Show More Summary
The Bureau of Economic Analysis said that personal spending increased 0.2 percent in May, an improvement from being essentially flatRead the Rest...
The BEA released the Personal Income and Outlays report for May: Personal income increased $58.8 billion, or 0.4 percent... in May, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $18.3...Show More Summary
At 8:30, the Bureau of Economic Analysis will publish the May personal income and spending report. Included in this report is PCE, the Fed's preferred measure of inflation. Economists are expecting core PCE, which measures prices paid for consumer goods excluding food and energy, to climb 1.5% year-over-year. Show More Summary
The GDP news out Wednesday is sobering, with the worst contraction since the first quarter of 2009. But there's a silver lining to that GDP shrinkage—a good part of it comes from less health spending. The [Bureau of Economic Analysi]...Show More Summary
By Vahan Janjigian (Forbes): First, they tell us that the economy grew by 0.1 percent. Then, they revise that to a 1.0 percent contraction. Finally, for its third attempt, the Bureau of Economic Analysis (BEA) says the contraction in real GDP during the first quarter was actually 2.9 percent. Show More Summary