Bureau of Economic Analysis

Rising Inflation, Higher Prices Push Spending Up As Incomes Fall
Rising Inflation, Higher Prices Push Spending Up As Incomes Fall
October 29, 2021  |  Economy

Inflation is continuing to weigh on consumers as higher prices inched September spending up by 0.6 percent and household incomes dropped 1% as stimulus funds...

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Third GDP Estimate Of 6.4 Pct Unchanged From Second Measurement
Third GDP Estimate Of 6.4 Pct Unchanged From Second Measurement
June 24, 2021  |  Economy

The Gross Domestic Product (GDP) in the U.S. is up 6.4 percent for the first quarter of 2021, according to the third estimate released by...

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Boost In April Consumer Spending Shows Shift To Services Over Goods
Boost In April Consumer Spending Shows Shift To Services Over Goods
May 28, 2021  |  Economy

Consumer spending went up 0.5 percent in April to $80.3 billion, with a $112.6 billion boost in the services sector that helped offset a $32.3...

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BEA Report Shows US Personal Income Up More Than Expected
BEA Report Shows US Personal Income Up More Than Expected
January 29, 2021  |  Economy

U.S. personal income in the month of December rose more than anticipated, according to the latest report from the Bureau of Economic Analysis (BEA) on...

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US Economy Sees 4 Pct GDP Gain In Q4 Of 2020
US Economy Sees 4 Pct GDP Gain In Q4 Of 2020
January 28, 2021  |  Economy

Gross domestic product (GDP) went up 4 percent in the fourth quarter of 2020, slightly below economists’ forecasts of 4.3 percent, according to a report...

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US Personal And Disposable Income Slid In November As PPP Loans Wound Down
US Personal And Disposable Income Slid In November As PPP Loans Wound Down
December 23, 2020  |  Economy

Personal income and disposable personal income both fell about 1 percent in November, the U.S. Bureau of Economic Analysis reported on Wednesday (Dec. 23). In...

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Revised US Report Says Economy Grew 33.4 Pct In Third Quarter
Revised US Report Says Economy Grew 33.4 Pct In Third Quarter
December 22, 2020  |  Economy

An update to the U.S. government’s economic report boosted its earlier estimates of growth up by a bit. The economy, as measured by gross domestic...

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US Personal Income Increase Beats Forecasts
US Personal Income Increase Beats Forecasts
October 30, 2020  |  Economy

September was the fifth consecutive month that U.S. personal income went up, posting an increase of 0.9 percent, the U.S. Bureau of Economic Analysis (BEA)...

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US GDP Rebounds With 33.1 Pct Annual Increase
US GDP Rebounds With 33.1 Pct Annual Increase
October 29, 2020  |  Economy

The Bureau of Economic Analysis reported on Thursday (Oct. 29) that real gross domestic product (GDP) rose at an annual rate of 33.1 percent in...

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