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MPAA: Hollywood Is Key Driver Of U.S. Economy With $49 Billion Payout, Salaries Much Higher Than Nat’l Average

The Motion Picture Association of America released economic figures today culled from an analysis of data from the Bureau of Labor Statistics 2016 report — only made available in late 2017 — which shows that the American film and TV industry accounted for supporting 2.1 million jobs and 400,000 local businesses across this country. Show More Summary

Earlier: Trade Deficit at $50.5 Billion in November

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 $50.5 billion in November, up $1.6 billion from $48.9 billion in October, revised. Show More Summary

U.S. Trade Deficit up to Nearly a 6-Year High in November, but Manufactured Goods Exports up 4.2% YTD in 2017

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit rose from $48.91 billion in October to $50.50 billion in November, its highest level since... The post U.S. Trade Deficit up to Nearly a 6-Year High in November, but Manufactured Goods Exports up 4.2% YTD in 2017 appeared first on Shopfloor.

Always, Always Income

Just before Christmas 2014, the Bureau of Economic Analysis upgraded Q3 2014 Real GDP to +5.0%. That represented a huge acceleration from earlier that year when during the depths of its Polar Vortex infused winter Q1 2014 GDP had contracted sharply (according to contemporary estimates). Show More Summary

Personal Income increased 0.3% in November, Spending increased 0.6%

The BEA released the Personal Income and Outlays report for November: Personal income increased $54.0 billion (0.3 percent) in November according to estimates released today by the Bureau of Economic Analysis. Disposable personal income...Show More Summary

Personal Spending was Up Strongly in November, with Savings Rate Down to a 10-Year Low

The Bureau of Economic Analysis said that personal spending was up strongly in November, up 0.6 percent. After increasing by just 0.2 percent in October, Americans accelerated their personal consumption... The post Personal Spending was Up Strongly in November, with Savings Rate Down to a 10-Year Low appeared first on Shopfloor.

Third quarter GDP rose at 3.2 percent in third and final estimate

Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the third quarter of 2017 according to the "third" estimate released by the Bureau of Economic Analysis. With this third estimate for the third quarter,Show More Summary

Real GDP Growth in the Third Quarter Revised Marginally Down from 3.3% to 3.2%

The Bureau of Economic Analysis said that the U.S. economy grew by an annualized 3.2 percent in the third quarter, down marginally from the previous estimate of 3.3 percent. The... The post Real GDP Growth in the Third Quarter Revised Marginally Down from 3.3% to 3.2% appeared first on Shopfloor.

U.S. Trade Deficit Rose in October to Highest Point since January

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit rose from $44.89 billion in September to $48.73 billion in October, its highest level since... The post U.S. Trade Deficit Rose in October to Highest Point since January appeared first on Shopfloor.

Trade Deficit at $48.7 Billion in October

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 $48.7 billion in October, up $3.8 billion from $44.9 billion in September, revised. Show More Summary

Personal Spending Growth Was Modest in October, Extending the Robust Gain from September

The Bureau of Economic Analysis said that personal spending rose modestly in October, up 0.3 percent. As such, the latest increase in personal consumption expenditures extended the robust 0.9 percent... The post Personal Spending Growth Was Modest in October, Extending the Robust Gain from September appeared first on Shopfloor.

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

The BEA released the Personal Income and Outlays report for October: Personal income increased $65.1 billion (0.4 percent) in October according to estimates released today by the Bureau of Economic Analysis. Disposable personal income...Show More Summary

Third quarter GDP growth revised up to 3.3 percent in second estimate, highest rate in three years

Real gross domestic product (GDP) increased at an annual rate of 3.3 percent in the third quarter of 2017, according to the "second" estimate released by the Bureau of Economic Analysis, for the highest rate in three years. This growth rate compares to 3.0 percent in the first estimate and 3.1 percent in the second quarter.READ MORE www.metrointel.com

Real GDP Growth Revised up to 3.3% in the Third Quarter

The Bureau of Economic Analysis said that the U.S. economy grew by an annualized 3.3 percent in the third quarter, up slightly from its earlier estimate of 3.0 percent growth... The post Real GDP Growth Revised up to 3.3% in the Third Quarter appeared first on Shopfloor.

The U.S. Savings Rate Has Tanked — Here's Why That Matters

Are you stashing away fewer dollars in your retirement or savings accounts? You're not alone. The U.S. Bureau of Economic Analysis reported that Americans are saving less money today than they have at anytime since 2007. The bureau reported that the U.S. savings rate fell to 3.1 percent in...

Trade Deficit at $43.5 Billion in September

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 $43.5 billion in September, up $0.7 billion from $42.8 billion in August, revised. Show More Summary

Manufacturing Value-Added Output Rose $2.22 Trillion in Second Quarter, an All-Time High

Real GDP grew 3.1 percent in the second quarter, boosted by strength in consumer and business spending and net exports. According to new data from the Bureau of Economic Analysis,... The post Manufacturing Value-Added Output Rose $2.22 Trillion in Second Quarter, an All-Time High appeared first on Shopfloor.

Personal Spending Growth Jumped 1% in September, Fastest Monthly Pace in 8 Years

The Bureau of Economic Analysis said that personal spending jumped 1.0 percent in September after edging up by just 0.1 percent in August. It was the fastest monthly pace since... The post Personal Spending Growth Jumped 1% in September, Fastest Monthly Pace in 8 Years appeared first on Shopfloor.

Personal Income increased 0.4% in September, Spending increased 1.0%

The BEA released the Personal Income and Outlays report for September: Personal income increased $66.9 billion (0.4 percent) in September according to estimates released today by the Bureau of Economic Analysis. Disposable personal income...Show More Summary

Third quarter GDP rose by 3.0 percent in first estimate

Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the third quarter of 2017 according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.1 percent. READ MORE www.metrointel.com

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