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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...

Trade Deficit at $41.1 Billion in May

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 $41.1 billion in May, up $3.8 billion from $37.4 billion in April, revised. Show More Summary

Personal Income and Spending Growth Slowed a Bit in May after Strong Gains in April

The Bureau of Economic Analysis said that personal income grew 0.2 percent in May, slowing a bit from the strong gain of 0.5 percent increase seen in April. Yet, personal...

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

The BEA released the Personal Income and Outlays report for May: Personal income increased $37.1 billion, or 0.2 percent... according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $53.5 billion,...Show More Summary

First quarter GDP growth revised up to 1.1 percent in third and final estimate

Real gross domestic product increased at an annual rate of 1.1 percent in the first quarter of 2016, according to the "third" estimate released by the Bureau of Economic Analysis. This was revised up from 0.8 percent in the second estimate. READ MORE www.metrointel.com

Obamacare Accounted For 58% Of US "Growth" In The First Quarter

Remember when the Supreme Court decided that Obamcare is legal but it's a tax? Well, the nuances were irrelevant, but when it comes to the Bureau of Economic Analysis they could not have been greater: by effectively counting a tax as...Show More Summary

Real GDP Growth Improved to 1.1 Percent in the First Quarter

The Bureau of Economic Analysis said that real GDP grew by 1.1 percent in the first quarter, improving from the prior estimate of 0.8 percent. The revision included better data...

California is officially bigger than France

California is officially the 6th largest economy in the world. The Bureau of Economic Analysis's latest data on state growth showed that the west coast state's economic output for 2015 came in at $2.46 trillion. That number pushes California's...Show More Summary

Economic Output: If States Were Countries, California Would Be France

AEI graphic: data from Bureau of Economic Analysis and International Monetary Fund This article first appeared on the American Enterprise Institute site. The map above was created (with assistance from AEI’s graphic design director Olivier Ballou) by matching the economic output (GDP) in each U.S. Show More Summary

Trade Deficit Rose in April, Manufactured Goods Exports Continue to Struggle

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit rose from $35.54 billion in March to $37.44 billion in April. The increase stemmed from...

Trade Deficit at $37.4 Billion in April

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 $37.4 billion in April, up $1.9 billion from $35.5 billion in March, revised. Show More Summary

Just Three Things

Submitted by Lance Roberts via RealInvestmentAdvice.com, Fed Stops Profits Recession Over the last several months, I have discussed the ongoing profits recession as reported by the Bureau of Economic Analysis. To wit: “As Jeremy Grantham...Show More Summary

Personal Spending Rebounded Strongly in April after Stagnating in March

The Bureau of Economic Analysis said that personal spending rebounded strongly in April after stagnating in March. Personal consumption expenditures rose 1.0 percent in April, its largest monthly gain since...

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

The BEA released the Personal Income and Outlays report for April: Personal income increased $69.8 billion, or 0.4 percent...in April, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $119.2...Show More Summary

Real GDP Growth in the First Quarter Improved to 0.8 Percent, but Still a Disappointing Start to Year

The Bureau of Economic Analysis said that the U.S. economy grew by 0.8 percent in the first quarter of 2016, up from the prior estimate of 0.5 percent. The revision...

Trade Deficit decreased in March to $40.4 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 $40.4 billion in March, down $6.5 billion from $47.0 billion in February, revised. Show More Summary

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