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Trade Deficit at $43.6 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 $43.6 billion in June, down $2.7 billion from $46.4 billion in May, revised. Show More Summary

U.S. Trade Deficit Narrowed in June to its Lowest Level since October

The Bureau of Economic Analysis and the Census Bureau reported that the U.S. trade deficit declined from $46.39 billion in May to $43.64 billion in June, its lowest level since... The post U.S. Trade Deficit Narrowed in June to its Lowest Level since October appeared first on Shopfloor.

Albert Edwards: "The Last Time Happened Was In January 2008"

Two days ago, we were the first to point out that in a striking case of data revisionism, the Bureau of Economic Analysis, in an attempt to retroactively boost GDP, revised historical personal incomes lower, while adjusting its estimates...Show More Summary

Personal Income decreased slightly in June, Spending increased less than 0.1%

The BEA released the Personal Income and Outlays report for June: Personal income decreased $3.5 billion (less than -0.1 percent) in June according to estimates released today by the Bureau of Economic Analysis. Disposable personal income...Show More Summary

Personal Spending Slowed in June, with Income Growth Flat

The Bureau of Economic Analysis said that personal spending inched up 0.1 percent in June, slowing from 0.2 percent growth in May. Personal consumption expenditures were lower for both durable... The post Personal Spending Slowed in June, with Income Growth Flat appeared first on Shopfloor.

2Q 2017 GDP grew by 2.6 percent in advance estimate

Real gross domestic product increased at an annual rate of 2.6 percent in the second quarter of 2017 according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent. READ MORE www.metrointel.com

Here's how each state's economy did in the first three months of this year

The Bureau of Economic Analysis recently released its initial estimates of GDP growth for Q1 2017 in each of the 50 states and DC. While national growth was generally weak in the first quarter, individual state economies were a mixed bag. Show More Summary

Real GDP Grew by 2.6% in the Second Quarter

The Bureau of Economic Analysis said that the U.S. economy grew by an annualized 2.6 percent in the second quarter, according to preliminary data. In addition, it revised first quarter... The post Real GDP Grew by 2.6% in the Second Quarter appeared first on Shopfloor.

U.S. Trade Deficit Narrowed in May, with Real Goods Exports Reaching a New High

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit declined from $47.59 billion in April to $46.51 billion in May. The trade deficit has... The post U.S. Trade Deficit Narrowed in May, with Real Goods Exports Reaching a New High appeared first on Shopfloor.

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 2015 for metropolitan areas and the non-metropolitan parts of states. One of the...Show More Summary

Trade Deficit at $46.5 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 $46.5 billion in May, down $1.1 billion from $47.6 billion in April, revised. Show More Summary

First quarter GDP growth rose to 1.4 percent in final estimate

Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter of 2017 according to the "third" estimate released by the Bureau of Economic Analysis. In the second estimate, the increase in real GDP was 1.2 percent. Show More Summary

Personal Income increased 0.4% in May, Spending increased 0.1%

The BEA released the Personal Income and Outlays report for May: Personal income increased $67.1 billion (0.4 percent) in May according to estimates released today by the Bureau of Economic Analysis.... personal consumption expenditures (PCE) increased $7.3 billion (0.1 percent)....Real PCE increased 0.1 percent. Show More Summary

Personal Spending Edged Higher in May, Slowing from Faster Gains in March and April

The Bureau of Economic Analysis reported that personal spending edged higher in May, up 0.1 percent, after 0.4 percent gains in both March and April. In May, personal consumption expenditures... The post Personal Spending Edged Higher in May, Slowing from Faster Gains in March and April appeared first on Shopfloor.

Better Consumer Spending and Export Data Revise 1st Quarter GDP Growth up to 1.4%

The Bureau of Economic Analysis said that the U.S. economy grew an annualized 1.4 percent in the first quarter in newly revised figures, up from 1.2 percent in its prior... The post Better Consumer Spending and Export Data Revise 1st Quarter GDP Growth up to 1.4% appeared first on Shopfloor.

Trade Deficit increase to $47.6 Billion in April

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 $47.6 billion in April, up $2.3 billion from $45.3 billion in March, revised. Show More Summary

U.S. Trade Deficit Moved Higher in April

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit rose from $45.28 billion in March to $47.62 billion in April, a three-month high. The... The post U.S. Trade Deficit Moved Higher in April appeared first on Shopfloor.

Personal Spending Rebounded Modestly in April after Declining Slightly in March

The Bureau of Economic Analysis said that personal spending rebounded modestly in April after declining slightly in March. Personal consumption expenditures increased by 0.2 percent in April, essentially offsetting the... The post Personal Spending Rebounded Modestly in April after Declining Slightly in March appeared first on Shopfloor.

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

The BEA released the Personal Income and Outlays report for April: Personal income increased $58.4 billion (0.4 percent) in April according to estimates released today by the Bureau of Economic Analysis.... personal consumption expenditures (PCE) increased $53.2 billion (0.4 percent)....Real PCE increased 0.2 percent. Show More Summary

Q1 US GDP Growth Rises To 1.2% QoQ in the Second Estimate (Personal Consumption Growth “Upgraded,” But Still Worst Since Q4 2009)

Today, the Bureau of Economic Analysys releaseed their  “second” estimate for the first quarter US gross domestic product (GDP), based on more complete data that the preliminary Q1 GDP estimate 0f 0.7% QoQ. The post Q1 US GDP GrowthShow More Summary

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