Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update

Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update
Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020, according to the «advance» estimate released by the Bureau of Economic Analysis. In the first quarter of 2020, real GDP decreased 5.0 percent. Full Text

Published July 30, 2020 at 08:30AM
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Direct Investment by Country and Industry, 2019

Direct Investment by Country and Industry, 2019
The U.S. direct investment abroad position, or cumulative level of investment, increased $158.6 billion to $5.96 trillion at the end of 2019 from $5.80 trillion at the end of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The increase reflected a $95.7 billion increase in the position in Europe, primarily in the United Kingdom and the Netherlands. By industry, manufacturing affiliates accounted for most of the increase. The foreign direct investment in the United States position increased $331.2 billion to $4.46 trillion at the end of 2019 from $4.13 trillion at the end of 2018. The increase mainly reflected a $157.3 billion increase in the position from Asia and Pacific, primarily Japan. By industry, affiliates in manufacturing, finance and insurance, and wholesale trade accounted for the largest increases. Full Text

Published July 23, 2020 at 08:30AM
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Gross Domestic Product by State, 1st Quarter 2020

Gross Domestic Product by State, 1st Quarter 2020
Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia in the first quarter of 2020. The percent change in real GDP in the first quarter ranged from -1.3 percent in Nebraska to -8.2 percent in New York and Nevada. Full Text

Published July 07, 2020 at 08:30AM
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Gross Domestic Product by Industry, 1st Quarter 2020

Gross Domestic Product by Industry, 1st Quarter 2020
Accommodation and food services; finance and insurance; and health care and social assistance industries were the leading contributors to the 5.0 percent (annual rate) decrease in gross domestic product (GDP) in the first quarter of 2020. Full Text

Published July 06, 2020 at 08:30AM
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U.S. International Trade in Goods and Services, May 2020

U.S. International Trade in Goods and Services, May 2020
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $54.6 billion in May, up $4.8 billion from $49.8 billion in April, revised. May exports were $144.5 billion, $6.6 billion less than April exports. May imports were $199.1 billion, $1.8 billion less than April imports. Full Text

Published July 02, 2020 at 08:30AM
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