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U.S. Trade Deficit Fell to Its Lowest Level in 11 Months in August

The Bureau of Economic Analysis and the Census Bureau said that the U.S. trade deficit fell from $43.56 billion in July to $42.40 billion in August, its lowest level in... The post U.S. Trade Deficit Fell to Its Lowest Level in 11 Months in August appeared first on Shopfloor.

Trade Deficit at $42.4 Billion in August

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 $42.4 billion in August, down $1.2 billion from $43.6 billion in July, revised. Show More Summary

Personal Spending Growth Slowed in August

The Bureau of Economic Analysis said that personal spending increased by 0.1 percent in August, slowing from a gain of 0.3 percent in July. Nondurable goods spending rose 0.3 percent... The post Personal Spending Growth Slowed in August appeared first on Shopfloor.

2Q 2017 GDP growth at 3.1 percent in third and final estimate

Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the second quarter of 2017, according to the third and final estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent-line.READ MORE www.metrointel.com

Personal Income increased 0.2% in August, Spending increased 0.1%

The BEA released the Personal Income and Outlays report for August: Personal income increased $28.6 billion (0.2 percent) in August according to estimates released today by the Bureau of Economic Analysis... personal consumption expenditures (PCE) increased $18.0 billion (0.1 percent)....Real PCE decreased 0.1 percent. Show More Summary

Real GDP Growth in the Second Quarter upped slightly to 3.1 Percent

The second revision to real GDP growth for the second quarter was little changed from its last estimate. The Bureau of Economic Analysis upped its estimate of growth in the... The post Real GDP Growth in the Second Quarter upped slightly to 3.1 Percent appeared first on Shopfloor.

Federal Pay Outpaces Private Pay in 2016

The Bureau of Economic Analysis (BEA) has released data on worker compensation for 2016. The data show that wages and benefits for federal-government workers grew faster than for private-sector workers last year. Federal workers now receive 80 percent more compensation, on average, than do workers in the U.S. Show More Summary

Trade Deficit at $43.7 Billion in July

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 $43.7 billion in July, up $0.1 billion from $43.5 billion in June, revised. Show More Summary

Second quarter GDP growth rises to 3.0 percent in second estimate

Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2017 according to the "second" estimate released by the Bureau of Economic Analysis. The second GDP estimate is based on more complete source data than were available for the "advance" estimate issued last month. Show More Summary

Personal Spending Picked Up in July

The Bureau of Economic Analysis said that personal spending rose by 0.3 percent in July, extending the 0.2 percent gains seen in both May and June. (The June increase was... The post Personal Spending Picked Up in July appeared first on Shopfloor.

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 $65.6 billion (0.4 percent) in July according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI)...Show More Summary

US Second Quarter GDP Revised Sharply Higher To 3.0% (Highest Since Q1 2015), ADP 237K Jobs Added

According to the Bureau of Economic Analysis (BEA), Q2 US Gross Domestic Product rose sharply to 3.0%. The post US Second Quarter GDP Revised Sharply Higher To 3.0% (Highest Since Q1 2015), ADP 237K Jobs Added was originally published at The Wall Street Examiner. Follow the money!

Real GDP Revised Up to 3.0% Growth in the Second Quarter

The Bureau of Economic Analysis said that the U.S. economy grew by an annualized 3.0 percent in the second quarter, revised up from an earlier estimate of 2.6 percent. This... The post Real GDP Revised Up to 3.0% Growth in the Second Quarter appeared first on Shopfloor.

Average American saves less than 5%. How do you stack up?

2 months agoNews : USAToday: News

The personal saving rate has hovered around 5% for the past few years. By the end of June, the rate had dipped to 3.8%, the Bureau of Economic Analysis reported.        

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

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