The U.S. Census Bureau and the U.S. Bureau of Economic Analysis said the goods and services deficit was $89.7 billion in January, up $7.7 billion from $82.0 billion in December, revised. January exports were $224.4 billion, $3.9 billion less than December exports; January imports were $314.1 billion, $3.8 billion more than December imports, according to […]
Category: Bureau of Economic Analysis
Real GDP Increased 7% in 4Q
Real gross domestic product increased at an annual rate of 7% in the fourth quarter of 2021, according to the “second” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.3%. The GDP estimate released Thursday is based on more complete source data than were available for the “advance” […]
ABC: Decline in Structure Investments Continues
An Associated Builders and Contractors analysis of data released by the Bureau of Economic Analysis shows investment in nonresidential structures decreased at an annual rate of 11.4% in the fourth quarter of 2021 has now contracted in eight of the past nine quarters. The continued slowdown juxtaposed BEA’s announcement stating the U.S. economy grew at […]
GDP Sees Year-End Uptick
The Bureau of Economic Analysis reported that real gross domestic product increased at an annual rate of 6.9% in the fourth quarter of 2021, following an increase of 2.3% in the third quarter. The fourth-quarter acceleration was led by an upturn in exports, as well as accelerations in inventory investment and consumer spending, the BEA […]
Goods and Services Deficit Rises in November
The goods and services deficit was $80.2 billion in November, up $13 billion from a revised $67.2 billion in October, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. November exports were $224.2 billion, $0.4 billion more than October exports. November imports were $304.4 billion, $13.4 billion more than the previous […]
Goods and Services Deficit Shrinks in October
The goods and services deficit was $67.1 billion in October, down $14.3 billion from $81.4 billion in September, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. October exports were $223.6 billion, $16.8 billion more than the previous month. October imports were $290.7 billion, about $2.5 billion more than September imports. […]
Real GDP Up Slightly in New 3Q Estimate
Real gross domestic product increased at an annual rate of 2.1% in the third quarter of 2021, according to the “second” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7%. The GDP estimate released Wednesday was based on more complete source data than were available for the “advance” […]
Goods and Services Deficit Rises in September
The goods and services deficit rose 11.2% to $80.9 billion in September, up $8.1 billion from a revised $72.8 billion in August, according to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. September exports dropped 3% to $207.6 billion. The month’s imports rose 0.6% to $288.5 billion. The September increase in the […]
Goods and Services Deficit Rises in August
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced Tuesday that the goods and services deficit was $73.3 billion in August, up $2.9 billion from a revised $70.3 billion in July. August exports were $213.7 billion, $! billion more than July exports. August imports were $287.0 billion, $4 billion more than July […]
