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Prototype Statistics: Outdoor Recreation Accounted for 2 Percent of GDP in 2016

Americans who hit the trails to ski, bike or hike aren’t just working up a sweat; they’re also generating economic activity. Outdoor recreation accounted for 2.0 percent of the U.S. 593 more words

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Swim, Sail or Ski to bea.gov for an Outdoor Rec Preview

BEA’s first look at the outdoor recreation economy is coming Feb. 14, but you can get a sneak peek right now at what the statistics will cover. 429 more words

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2017 Trade Gap is $566.0 Billion

The U.S. international trade deficit increased in 2017 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $504.8 billion in 2016 to $566.0 billion in 2017, as imports increased more than exports. 209 more words

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Coming Soon: BEA to Release Prototype Statistics on the Economic Impact of Outdoor Recreation

The U.S. Bureau of Economic Analysis on Feb. 14 will release for the first time prototype statistics measuring the economic effects of outdoor recreation – pursuits like boating,  RVing  and snowboarding. 199 more words

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Real Consumer Spending Rises in December

Personal income increased 0.4 percent in December after increasing 0.3 percent in November. Wages and salaries, the largest component of personal income, increased 0.5 percent in December after increasing 0.4 percent in November. 116 more words

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GDP Increases in Fourth Quarter

Real gross domestic product (GDP) increased 2.6 percent in the fourth quarter of 2017, according to the “advance” estimate released by the Bureau of Economic Analysis. 229 more words

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Gross Domestic Product (GDP) by State: Third Quarter 2017

  • Real gross domestic product (GDP) increased in every state and the District of Columbia in the third quarter of 2017. Real GDP by state growth in the third quarter ranged from 5.7 percent in Delaware to 0.5 percent in South Dakota.
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