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Trade Deficit Increased in December to $43.4 Billion

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 $43.4 billion in December, up $1.1 billion from $42.2 billion in November, revised. Show More Summary

U.S. Trade Deficit Widened Slightly in December

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit widened slightly, up from $42.23 billion in November to $43.36 billion. The underlying data were...

Personal Spending Slowed at Year’s End

The Bureau of Economic Analysis said that personal spending slowed in December, up just 0.1 percent following a 0.5 percent increase in November. As such, it suggests that Americans pulled...

Personal Income increased 0.3% in December, Spending decreased slightly

The BEA released the Personal Income and Outlays report for December: Personal income increased $42.5 billion, or 0.3 percent,... according to the Bureau of Economic Analysis.Personal consumption expenditures (PCE) decreased $0.7 billion,...Show More Summary

The U.S. is not in a recession

The Bureau of Economic Analysis announced today that U.S. real GDP grew at a 0.7% annual rate in the fourth quarter. That’s a bad quarter to be sure, and real GDP is up only 1.8% from a year ago. That’s a weak year judged by the U.S. postwar average of 3.1%, but is not far […]

The U.S. Economy Slowed to Just 0.7 Percent Growth in the Fourth Quarter

The Bureau of Economic Analysis said that the U.S. economy grew just 0.7 percent in the fourth quarter at the annual rate, decelerating from 3.9 percent and 2.0 percent growth...

"Peddling Fiction" - US Economy Grew A Paltry 0.69% In The Fourth Quarter, Missing Expectations

And so the final quarter of 2015 is in the history books and we can officially accuse the US Bureau of Economic Analysis of "peddling fiction" about the US recovery, because at a growth rate of 0.69%, the annualized rate of economicShow More Summary

"Perma-bears" 1 - BofA Economist 0

Last May, after the "harsh snowfall" of Q1 crushed US GDP (when it was really the bursting of China's shadow banking bubble) leading to sellside analysts first, and then the Bureau of Economic Analysis to decide the time has come toShow More Summary

Commerce Dept. moving economic data bureau to Prince George’s County

About 590 employees from Bureau of Economic Analysis will relocate from downtown Washington to Suitland.

U.S. Trade Deficit Narrowed Somewhat in November on Reduced Goods Imports, Exports

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit narrowed somewhat, down from $44.58 billion in October to $42.37 billion in November. These data...

Trade Deficit Decreased in November to $42.4 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 $42.4 billion in November, down $2.2 billion from $44.6 billion in October, revised. Show More Summary

The trendiest tracker of US economic activity has bleak news about the fourth quarter

The Bureau of Economic Analysis will be releasing its advance estimate of fourth quarter 2015 GDP on January 29, and the Atlanta Fed — the trendiest forecaster of late — doesn't think it will look good. The Atlanta Fed's GDPNow model...Show More Summary

U.S. Economic Recovery? Slow Growth Rate Reported

Slow growth rates aren’t good indicators of economic growth, if you couldn’t tell: Economic growth in the third quarter was slower than previously thought, at a 2 percent annual rate, the Bureau of Economic Analysis reported Tuesday morning. The third and final estimate of Gross Domestic Product was right in line with the estimates from […]

Personal Spending Rebounded Somewhat in November, but Remained Softer-Than-Desired Overall

The Bureau of Economic Analysis said that personal spending increased 0.3 percent in November, rebounding from being unchanged in October. Indeed, spending on durable and nondurable goods items were both...

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

Note: Some of this data was inadvertently released early. The BEA released the Personal Income and Outlays report for November: Personal income increased $44.4 billion, or 0.3 percent,... according to the Bureau of Economic Analysis....Show More Summary

U.S. Economy Grew 2.0 Percent in the Third Quarter

The Bureau of Economic Analysis said that the U.S. economy grew 2.0 percent in the third quarter. That is higher than the original estimate of 1.5 percent, but slightly lower...

U.S. Trade Deficit Widened Slightly in October

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit widened slightly, up from $42.46Read the Rest...

Trade Deficit increased in October to $43.9 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 $43.9 billion in October, up $1.4 billion from $42.5 billion in September, revised. Show More Summary

The Savings Rate Rose to a Nearly Three-Year High

The Bureau of Economic Analysis said that personal spending remained soft, up 0.1 percent in October, the same pace asRead the Rest...

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