October 30, 2020

Personal Income and Outlays, September 2020

Personal income increased 0.9 percent while consumer spending increased 1.4 percent in September.

Principal Federal Economic Indicators

Gross Domestic Product
Q3 2020 (Adv)
+33.1%
Personal Income
September 2020
0.9%
International Trade in Goods and Services
August 2020
-$67.1B
International Transactions
Q2 2020
-$170.5 B

Noteworthy

The BEA Wire | BEA's Official Blog

Personal Income and Outlays, September 2020

October 30, 2020

Personal income increased 0.9 percent while consumer spending increased 1.4 percent in September, according to estimates released today by the Bureau of Economic Analysis.

Gross Domestic Product, Third Quarter 2020 (Advance Estimate)

October 29, 2020

Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities that were postponed or restricted due to COVID-19. In the second quarter of 2020, real GDP decreased 31.4 percent. For more details, including source data, see the Technical Note.

2021 Calendar Features Advances in State Data

October 13, 2020

 Want to stay on top of what’s happening with state economies? BEA’s 2021 calendar has some new dates to circle. Next year our key state economic measure will be published earlier each quarter. And we’ll introduce inflation-adjusted consumer spending statistics for every state.

Personal Consumption Expenditures by State, 2019

October 8, 2020

State personal consumption expenditures (PCE) increased 3.9 percent in 2019, a deceleration from the 4.9 percent increase in 2018. The percent change in PCE across all states ranged from 5.7 percent in Utah to 1.8 percent in Vermont.

August 2020 Trade Gap is $67.1 Billion

October 6, 2020

The U.S. monthly international trade deficit increased in August 2020 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $63.4 billion in July (revised) to $67.1 billion in August, as imports increased more than exports. The previously published July deficit was $63.6 billion. The goods deficit increased $3.0 billion in August to $83.9 billion. The services surplus decreased $0.7 billion…

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