The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was -$24.61 trillion at the end of the first quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $36.85 trillion, and liabilities were $61.47 trillion. At the end of the fourth quarter of 2024, the net investment position was -$26.54 trillion (revised).| www.bea.gov
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $60.2 billion in June, down $11.5 billion from $71.7 billion in May, revised.| www.bea.gov
Resources Stay informed about BEA developments by reading The BEA Wire, signing up for BEA's email subscription service, or following @BEA_News on X. Historical time series for these estimates can be accessed in BEA's Interactive Data Application. Access BEA data by registering for BEA's Data Application Programming Interface. For more on| www.bea.gov
Nonmonetary gold is used for two purposes: for industrial use (as an input into the production of goods and services, such as jewelry, watches, and electronic equipment) and for investment (as a store of wealth and a hedge against inflation). BEA’s national economic accounts (NEAs) do not treat transactions in valuables, such as nonmonetary gold, as investments and therefore purchases of nonmonetary gold as a form of investment are not included in personal consumption expenditures, gross pr...| www.bea.gov
For ease of comparison, BEA publishes percent changes in most quarterly estimates at annual rates. If GDP increases 3.0 percent from year 1 to year 2 and increases at an annual rate of 3.6 percent in the first quarter of year 3, it is easy to see that the first-quarter growth rate is larger than the growth for year 2. If the growth rate in the first quarter of year 3 was presented at the quarterly rate of 1.0 percent, comparing it to the year 2 growth rate is more difficult.| www.bea.gov
Catastrophic events, such as hurricanes or terrorist attacks, are classified as disasters if either the associated property loss or the insurance payouts exceed 0.1 percent of GDP (in 2021, about $23 billion in current dollars). Losses of and non-repairable damages to the stock of fixed assets (structures, equipment, and software) associated with a disaster are included in "other changes in volume of assets," which are a subtraction in the derivation of net stock1. Disaster losses are not inc...| www.bea.gov
Disasters--such as hurricanes, terrorist attacks, or other major catastrophes--affect economic activity because (1) current production is affected, (2) structures, equipment, and other assets are damaged or destroyed (and must be repaired or replaced), and (3) transactions, such as payments of insurance benefits or government disaster relief, take place as a result of the damages incurred.| www.bea.gov
NewsU.S. Economy at a Glance Get the big picture on the health of the U.S. economy.| www.bea.gov
Perspective from the BEA Accounts BEA produces some of the most closely watched economic statistics that influence decisions of government officials, business people, and individuals. These statistics provide a comprehensive, up-to-date picture of the U.S. economy. The data on this page are drawn from featured BEA economic accounts. U.S. Economy at a Glance Table| www.bea.gov
Real personal consumption expenditures (PCE) by state increased in 48 states and the District of Columbia in 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The percent change in real PCE ranged from 7.3 percent in Maine to –0.6 percent in Alabama (table 1). Real personal income increased in 46 states and the District of Columbia in 2023, with the percent change ranging from 6.0 percent in Vermont to –2.0 percent in Iowa.| www.bea.gov
Real gross domestic product (GDP) decreased at an annual rate of 0.2 percent in the first quarter of 2025 (January, February, and March), according to the second estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent.| www.bea.gov
Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent.| www.bea.gov
The U.S. Bureau of Economic Analysis released the results of the annual update of the National Economic Accounts (NEAs), which include the National Income and Product Accounts (NIPAs) and the Industry Economic Accounts (IEAs), on September 26, 2024.| www.bea.gov
Personal income increased $50.4 billion (0.2 percent at a monthly rate) in June, according to estimates released today by the U.S. Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $37.7 billion (0.2 percent) and personal consumption expenditures (PCE) increased $57.6 billion (0.3 percent).| www.bea.gov
Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the fourth quarter of 2023 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 4.9 percent.| www.bea.gov
Real gross domestic product (GDP) increased at an annual rate of 3.3 percent in the fourth quarter of 2023 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 4.9 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to "Source Data for the Advance Estimate" on page 3). The "second" estimate for the fourth quarter, based on ...| www.bea.gov
Personal income increased $57.1 billion (0.2 percent at a monthly rate) in October, according to estimates released today by the Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $63.4 billion (0.3 percent) and personal consumption expenditures (PCE) increased $41.2 billion (0.2 percent).| www.bea.gov
Personal Consumption Expenditures Price Index| www.bea.gov
To find a statistic, or to explore BEA's data, start with one of the groupings below.| www.bea.gov
Real gross domestic product (GDP) increased at an annual rate of 3.3 percent in the second quarter of 2025 (April, May, and June), according to the second estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.5 percent. The increase in real GDP in the second quarter primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP, and an increase in consumer spending. These movements were partly offset by decreases in...| www.bea.gov