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New York Big Winner In 2015 Real Median Household Income Derby, Virginia and Maryland Big Losers

Back to the phenomenal Real Median Household Income report from the US Census Bureau for 2015. If you call, it rose by the most in history, +5.2% from 2014 to 2015.  Particularly when the Bureau of Economic Analysis’ Disposable Personal Income (DPI) per household grew by only 2.8% from 2014 to 2015. Show More Summary

Growth in Federal Worker Pay Slows

New data on worker pay in the government and private sector has been released by the Bureau of Economic Analysis. There is good news: the pace of federal pay increases slowed during 2015, while the pace of private-sector pay increases...Show More Summary

Trade Deficit at $39.5 Billion in July

Earlier from 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 $39.5 billion in July, down $5.2 billion from $44.7 billion in June, revised. Show More Summary

U.S. construction is on the rebound after the Great Recession

Overall, the construction industry’s impact on U.S. gross domestic product has grown by more than 21 percent since its low point in 2011, according to a Stateline analysis of inflation-adjusted data from the U.S. Bureau of Economic Analysis. Continue reading ? The post U.S. construction is on the rebound after the Great Recession appeared first on PBS NewsHour.

Personal Spending Rose for the Fourth Straight Month in July

The Bureau of Economic Analysis said that personal spending increased by 0.3 percent in July, extending the 0.4 percent gain seen in June. More importantly, personal consumption expenditures rose for...

Personal Income increased 0.4% in July, Spending increased 0.3%

The BEA released the Personal Income and Outlays report for July: Personal income increased $71.6 billion (0.4 percent) in July according to estimates released today by the Bureau of Economic Analysis... personal consumption expenditures (PCE) increased $42.0 billion (0.3 percent)....Real PCE increased 0.3 percent. Show More Summary

Whoops! Q2 GDP Revised Downwards To 1.1%, Core PCE Rises To 1.8%

The Bureau of Economic Analysis has released their revision of Q2 GDP.  It was revised downwards to an anemic 1.1%. The post Whoops! Q2 GDP Revised Downwards To 1.1%, Core PCE Rises To 1.8% was originally published at The Wall Street Examiner. Follow the money!

U.S. Trade Deficit Widened in June to a Four-Month High

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit rose from $40.96 billion in May to $44.51 billion in June, its highest level since...

US 2016 Recession Already Here!

``The red line marks current US GDP (1.2%) as estimated by the US Bureau of Economic Analysis (BEA). At virtually every point in the last seventy years when US GDP hit 1.2%, the US has been solidly in recession (blue areas). In other words, the US was not ABOUT to go in recession at that level of growth, but was IN recession each time... Show More Summary

Trade Deficit at $44.5 Billion in June

Earlier from 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 $44.5 billion in June, up $3.6 billion from $41.0 billion in May, revised. Show More Summary

Another Bear Market Warning Looms In The GDP Data

Submitted by Michael Lebowitz via 720Global.com, On Friday July 29th, 2016, the Bureau of Economic Analysis (BEA) released the second?quarter GDP figures and revisions for prior quarters. At a disappointing annualized growth rate of only 1.20%, second quarter GDP widely missed consensus expectations of 2.50% growth. Show More Summary

Personal Spending Was a Bright Spot in the Second Quarter

The Bureau of Economic Analysis said that personal spending increased by 0.4 percent in June, mirroring the growth rate seen in May. More importantly, personal consumption expenditures soared in the...

Personal Income increased 0.2% in June, Spending increased 0.4%

The BEA released the Personal Income and Outlays report for June: Personal income increased $29.3 billion (0.2 percent) in June according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI)...Show More Summary

Second quarter 2016 GDP rose at 1.2 percent in advance estimate

Real gross domestic product increased at an annual rate of 1.2 percent in the second quarter of 2016 according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.8 percent. Show More Summary

Anemic economic growth

The Bureau of Economic Analysis announced today that U.S. real GDP grew at a 1.2% annual rate in the second quarter. Not good news. The U.S. growth rate has historically averaged over 3%. Many of us have concluded that a long-term growth rate around 2% may be more realistic to expect at this point. But […]

Manufacturing Added Less to Real GDP in the First Quarter than in the Prior Two Quarters

As noted earlier, the U.S. economy grew by an annualized 1.1 percent in the first quarter, and the Bureau of Economic Analysis has now released data breaking out that growth...

The margin of error for the U.S. economy is narrowing

U.S. economic growth in 2010’s second quarter has been revised down to 1.6% by the Bureau of Economic Analysis (BEA). In the BEA’s first estimate for Q2 – also known as the advance estimate – the figure was a higher 2.4%. The +1.6% is less than half of the first quarter’s +3.7%.

Here are the most and least expensive places to live in America

America's biggest cities are among its most expensive. The Bureau of Economic Analysis recently released data on personal income and the cost of living in 2014 for metropolitan areas and the non-metropolitan parts of states. One of the...Show More Summary

Foreign Direct Investment Jumped in 2015

The Bureau of Economic Analysis is out with a new report showing that new foreign direct investment (FDI) jumped significantly in 2015. This includes investments for business acquisitions, for establishing...

U.S. Trade Deficit Widened in May

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit rose from $37.39 billion in April to $41.14 billion in May, its highest level since...

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