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Real Consumer Spending Picks Up In June

Personal income rose 0.4 percent in June and in May. Wages and salaries rose 0.4 percent in June and in May.

Current-dollar disposable personal income (DPI) 126 more words

BEA News

Detailed Direct Investment Data Now Available for 2013

The U.S. Bureau of Economic Analysis (BEA) has released additional statistics on U.S. direct investment abroad – or “outward direct investment” – and on foreign direct investment in the United States – or “ 103 more words

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GDP Turns Up in Second Quarter

Real gross domestic product (GDP) increased 4.0 percent in the second quarter of 2014, according to the “advance” estimate released today by the Bureau of Economic Analysis. 256 more words

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Gross Domestic Product by Industry: First Quarter 2014

Real gross domestic product (GDP) decreased at an annual rate of 2.9 percent in the first quarter of 2014. Both private services- and goods-producing industries contributed to the decrease, while the government sector increased slightly. 87 more words

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Measurement of the U.S. Economy is a Job that Never Stops; Here’s Why GDP Numbers Get Revised

Like fireworks and baseball, BEA’s annual revision of GDP is a summer tradition. Toward the end of every July, the U.S. Bureau of Economic Analysis incorporates previously unavailable sources of data for the past three years into its estimates of the U.S. 827 more words

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5 Q’s for U.S. Department of Commerce’s Under Secretary of Economic Affairs Mark Doms

The Center for Data Innovation spoke with Mark Doms, Under Secretary of Economic Affairs at the U.S. Department of Commerce, in Washington, DC. Under Secretary Doms discussed the current efforts at the Commerce Department to increase the availability and timeliness of high-quality data, as well as promote data-driven innovation in the government and economy. 1,067 more words

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