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U.S. Bureau of Economic Analysis (BEA)

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</script> </section> </div> </div> </div> </header> <div role="main" class="main-container container js-quickedit-main-content"> <div class="row"> <div class="region region-header"> <div class="page-header"> <h1>Bureau of Economic Analysis</h1> </div> </div> <section class="col-sm-12"> <div class="highlighted"> <div class="region region-highlighted"> <div data-drupal-messages-fallback class="hidden"></div> </div> </div> <a id="main-content"></a> <div class="region region-content"> <section class="views-element-container block block-views block-views-blockhome-page-feature-block-1 clearfix" id="block-views-block-home-page-feature-block-1" data-block-plugin-id="views_block:home_page_feature-block_1"> <div region="content" class="form-group"><div class="view view-home-page-feature view-id-home_page_feature view-display-id-block_1 js-view-dom-id-5af5c92dcd552a785f0b611b4280b028f8e20bcd383561673b0fb33462b3d73e"> <div class="view-content"> <div class="views-row"><div class="homepage-feature"> <div role="article" about="/features/2025/travel-and-tourism-satellite-account-2018-2023" class="panel panel-default panel-shadow card card-news-release"> <div class="panel-body"> <div class="row"> <div class="col-md-7"> <div class="feature-date"> February 11, 2025 </div> <h2> <a href="https://apps.bea.gov/scb/issues/2025/02-february/0225-travel-tourism-satellite-account.htm">Travel and Tourism Satellite Account for 2018-2023</a> </h2> <div class="feature-content"><p>The travel and tourism industry—as measured by the real output of goods and services sold directly to visitors— increased 7.0 percent in 2023 after increasing 20.8 percent in 2022, according to the most recent statistics from BEA’s&nbsp;<a href="/data/special-topics/travel-and-tourism">Travel and Tourism Satellite Account</a>.</p> </div> <div class="col-lg-10 col-lg-offset-1"> <div class="feature-content"> <a href="https://apps.bea.gov/scb/issues/2025/02-february/0225-travel-tourism-satellite-account.htm" class="btn btn-default btn-block" role="button"> <i class="fa fa-newspaper-o fa-1x" aria-hidden="true"></i> Read the Article </a> </div> </div> </div> <div class="hidden-xs hidden-sm col-md-5"> <div class="feature-content"> <img src="/sites/default/files/travel-tourism-feature-spot-2025_0.png" width="450" height="419" alt="The image shows a yellow suitcase, blue flip-flops, a straw hat, and two dark blue passports on a light blue background." loading="lazy" typeof="foaf:Image" class="img-responsive" /> </div> </div> </div> </div> </div> </div></div> </div> </div> </div> </section> <div class="views-element-container form-group"><div class="view view-frontpage view-id-frontpage view-display-id-page_1 js-view-dom-id-51ddd486e93c144fa8ab6460cabfe47710a0fb2a4de5ed15c7aaa90a2761acb5"> </div> </div> <section class="views-element-container col-sm-12 col-md-8 block-homepage-pfei block block-views block-views-blockrelease-archive-block-2 clearfix" id="block-views-block-release-archive-block-2-2" data-block-plugin-id="views_block:release_archive-block_2"> <h2 class="block-title">Principal Federal Economic Indicators</h2> <div region="content" class="form-group"><div class="table-pfei view view-release-archive view-id-release_archive view-display-id-block_2 js-view-dom-id-d6b2c4cd75eea73fdff56da63b3478263373dadead3fa5ab84c1d7ee4cd0fb11"> <div class="view-content"> <div class="views-row"><div class="views-field views-field-view-node"><span class="field-content btn btn-primary btn-sm"><a href="/news/2025/gross-domestic-product-4th-quarter-and-year-2024-advance-estimate" hreflang="en">View</a></span></div><div class="views-field views-field-field-product"><div class="field-content">Gross Domestic Product</div></div><div class="views-field views-field-field-key-statistics"><div class="field-content"> <tr class="item-fact-row"> <td> <div class="field field--name-title field--type-string field--label-hidden field--item">Q4 2024 (Adv)</div> </td> <td> <div class="field field--name-field-value field--type-string field--label-hidden field--item">+2.3%</div> </td> </tr> </div></div></div> <div class="views-row"><div class="views-field views-field-view-node"><span class="field-content btn btn-primary btn-sm"><a href="/news/2025/personal-income-and-outlays-december-2024" hreflang="en">View</a></span></div><div class="views-field views-field-field-product"><div class="field-content">Personal Income</div></div><div class="views-field views-field-field-key-statistics"><div class="field-content"> <tr class="item-fact-row"> <td> <div class="field field--name-title field--type-string field--label-hidden field--item">December 2024</div> </td> <td> <div class="field field--name-field-value field--type-string field--label-hidden field--item">+0.4%</div> </td> </tr> </div></div></div> <div class="views-row"><div class="views-field views-field-view-node"><span class="field-content btn btn-primary btn-sm"><a href="/news/2025/us-international-trade-goods-and-services-december-and-annual-2024" hreflang="en">View</a></span></div><div class="views-field views-field-field-product"><div class="field-content">International Trade in Goods and Services</div></div><div class="views-field views-field-field-key-statistics"><div class="field-content"> <tr class="item-fact-row"> <td> <div class="field field--name-title field--type-string field--label-hidden field--item">December 2024</div> </td> <td> <div class="field field--name-field-value field--type-string field--label-hidden field--item">-$98.4 billion</div> </td> </tr> </div></div></div> <div class="views-row"><div class="views-field views-field-view-node"><span class="field-content btn btn-primary btn-sm"><a href="/news/2024/us-international-transactions-3rd-quarter-2024" hreflang="en">View</a></span></div><div class="views-field views-field-field-product"><div class="field-content">International Transactions</div></div><div class="views-field views-field-field-key-statistics"><div class="field-content"> <tr class="item-fact-row"> <td> <div class="field field--name-title field--type-string field--label-hidden field--item">Q3 2024</div> </td> <td> <div class="field field--name-field-value field--type-string field--label-hidden field--item">-$310.9 B</div> </td> </tr> </div></div></div> </div> <div class="view-footer"> <div class="row"> <div class="col-md-4"><a href="/data" role="link" class="btn btn-default btn-sm btn-block">Explore Data by Topic</a></div> <div class="col-md-4"><a href="/news/glance" role="link" class="btn btn-default btn-sm btn-block">U.S. Economy at a Glance</a></div> <div class="col-md-4"><a href="/news/current-releases" role="link" class="btn btn-default btn-sm btn-block">View Current Releases</a></div> </div> </div> </div> </div> </section> <section id="block-noteworthyv2" class="col-sm-12 col-md-4 block-noteworthy block block-block-content 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id="block-views-block-views-homepage-multifeed-block-multi-feed-2" data-block-plugin-id="views_block:views_homepage_multifeed-block_multi_feed"> <div region="content" class="form-group"><div class="blog-list-page view view-views-homepage-multifeed view-id-views_homepage_multifeed view-display-id-block_multi_feed js-view-dom-id-abd0dddf927db35fb8eee3eb9154a55cb31aaeb6c613cc43ceb246a58b1d8917"> <div class="view-header"> <h2 style="margin-top: 0px;">The Latest</h2> </div> <div class="view-content"> <div class="blog-list-item clearfix"><h3 class="blog-title"><a href="//apps.bea.gov/scb/issues/2025/02-february/0225-travel-tourism-satellite-account.htm ">Travel and Tourism Satellite Account for 2018-2023</a> </h3><div class="views-field views-field-created-1"><div class="field-content date-published">February 11, 2025 | Article </div></div><div><p class="blog-summary"><p>The travel and tourism industry—as measured by the real output of goods and services sold directly to visitors— increased 7.0 percent in 2023 after increasing 20.8 percent in 2022, according to the most recent statistics from BEA’s&nbsp;Travel and Tourism Satellite Account.</p> </p></div><div class="views-field views-field-title-1"><span class="field-content"><p><a href="//apps.bea.gov/scb/issues/2025/02-february/0225-travel-tourism-satellite-account.htm ">Read More&nbsp;<i class="fa fa-arrow-circle-right" aria-hidden="true"></i></a></p></span></div></div> <div class="blog-list-item clearfix"><h3 class="blog-title"><a href=" /news/2025/us-international-trade-goods-and-services-december-and-annual-2024 ">U.S. International Trade in Goods and Services, December and Annual 2024</a> </h3><div class="views-field views-field-created-1"><div class="field-content date-published">February 5, 2025 | News Release </div></div><div><p class="blog-summary">The U.S. monthly international trade deficit increased in December 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $78.9 billion in November (revised) to $98.4 billion in December, as imports increased and exports decreased. The goods deficit increased $18.9 billion in December to $123.0 billion. The services surplus decreased $0.6 billion in December to $24.5 billion. </p></div><div class="views-field views-field-title-1"><span class="field-content"><p><a href=" /news/2025/us-international-trade-goods-and-services-december-and-annual-2024 ">Read More&nbsp;<i class="fa fa-arrow-circle-right" aria-hidden="true"></i></a></p></span></div></div> <div class="blog-list-item clearfix"><h3 class="blog-title"><a href=" /news/2025/personal-income-and-outlays-december-2024 ">Personal Income and Outlays, December 2024</a> </h3><div class="views-field views-field-created-1"><div class="field-content date-published">January 31, 2025 | News Release </div></div><div><p class="blog-summary">Personal income increased $92.0 billion (0.4 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $79.7 billion (0.4 percent) and personal consumption expenditures (PCE) increased $133.6 billion (0.7 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current…</p></div><div class="views-field views-field-title-1"><span class="field-content"><p><a href=" /news/2025/personal-income-and-outlays-december-2024 ">Read More&nbsp;<i class="fa fa-arrow-circle-right" aria-hidden="true"></i></a></p></span></div></div> <div class="blog-list-item clearfix"><h3 class="blog-title"><a href=" /news/blog/2025-01-30/streamlining-news-release-packages-continues ">Streamlining of News Release Packages Continues</a> </h3><div class="views-field views-field-created-1"><div class="field-content date-published">January 30, 2025 | The BEA Wire </div></div><div><p class="blog-summary"><p>The Bureau of Economic Analysis is streamlining our news release packages to reduce duplication and make it easier to find the information you need.</p> <p>We have phased out news release highlights, which began years ago as abbreviated one-page documents for delivery by fax. The highlights mostly repeated news release content. In some cases, such as U.S. Personal Income and Outlays, extra elements like charts previously included in the…</p></div><div class="views-field views-field-title-1"><span class="field-content"><p><a href=" /news/blog/2025-01-30/streamlining-news-release-packages-continues ">Read More&nbsp;<i class="fa fa-arrow-circle-right" aria-hidden="true"></i></a></p></span></div></div> <div class="blog-list-item clearfix"><h3 class="blog-title"><a href=" /news/2025/gross-domestic-product-4th-quarter-and-year-2024-advance-estimate ">Gross Domestic Product, 4th Quarter and Year 2024 (Advance Estimate)</a> </h3><div class="views-field views-field-created-1"><div class="field-content date-published">January 30, 2025 | News Release </div></div><div><p class="blog-summary">Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024, according to the advance estimate. In the third quarter, real GDP increased 3.1 percent. The increase in real GDP in the fourth quarter primarily reflected increases in consumer spending and government spending that were partly offset by a decrease in investment. Imports, which are a subtraction in the calculation of GDP, decreased. </p></div><div class="views-field views-field-title-1"><span class="field-content"><p><a href=" /news/2025/gross-domestic-product-4th-quarter-and-year-2024-advance-estimate ">Read More&nbsp;<i class="fa fa-arrow-circle-right" aria-hidden="true"></i></a></p></span></div></div> <div class="blog-list-item clearfix"><h3 class="blog-title"><a href=" /news/2025/us-international-trade-goods-and-services-november-2024 ">U.S. International Trade in Goods and Services, November 2024</a> </h3><div class="views-field views-field-created-1"><div class="field-content date-published">January 7, 2025 | News Release </div></div><div><p class="blog-summary">The U.S. monthly international trade deficit increased in November 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $73.6 billion in October (revised) to $78.2 billion in November, as imports increased more than exports. The goods deficit increased $5.4 billion in November to $103.4 billion. The services surplus increased $0.9 billion in November to $25.2 billion. </p></div><div class="views-field views-field-title-1"><span class="field-content"><p><a href=" /news/2025/us-international-trade-goods-and-services-november-2024 ">Read More&nbsp;<i class="fa fa-arrow-circle-right" aria-hidden="true"></i></a></p></span></div></div> <div class="blog-list-item clearfix"><h3 class="blog-title"><a href=" /news/2024/us-international-investment-position-3rd-quarter-2024 ">U.S. International Investment Position, 3rd Quarter 2024</a> </h3><div class="views-field views-field-created-1"><div class="field-content date-published">December 27, 2024 | News Release </div></div><div><p class="blog-summary">The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was -$23.60 trillion at the end of the third quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $37.86 trillion, and liabilities were $61.46 trillion. At the end of the second quarter, the net investment position was -$22.55 trillion (revised). </p></div><div class="views-field views-field-title-1"><span class="field-content"><p><a href=" /news/2024/us-international-investment-position-3rd-quarter-2024 ">Read More&nbsp;<i class="fa fa-arrow-circle-right" aria-hidden="true"></i></a></p></span></div></div> <div class="blog-list-item clearfix"><h3 class="blog-title"><a href=" /news/2024/gross-domestic-product-state-and-personal-income-state-3rd-quarter-2024 ">Gross Domestic Product by State and Personal Income by State, 3rd Quarter 2024</a> </h3><div class="views-field views-field-created-1"><div class="field-content date-published">December 20, 2024 | News Release </div></div><div><p class="blog-summary">Real gross domestic product increased in 46 states and the District of Columbia in the third quarter of 2024, with the percent change ranging from 6.9 percent at an annual rate in Arkansas to –2.3 percent in North Dakota. Personal income, in current dollars, increased in 49 states and the District of Columbia, with the percent change ranging from 5.4 percent at an annual rate in Arkansas to –0.7 percent in North Dakota. </p></div><div class="views-field views-field-title-1"><span class="field-content"><p><a href=" /news/2024/gross-domestic-product-state-and-personal-income-state-3rd-quarter-2024 ">Read More&nbsp;<i class="fa fa-arrow-circle-right" aria-hidden="true"></i></a></p></span></div></div> <div class="blog-list-item clearfix"><h3 class="blog-title"><a href=" /news/2024/personal-income-and-outlays-november-2024 ">Personal Income and Outlays, November 2024</a> </h3><div class="views-field views-field-created-1"><div class="field-content date-published">December 20, 2024 | News Release </div></div><div><p class="blog-summary">Personal income increased $71.1 billion (0.3 percent at a monthly rate) in November. Disposable personal income (DPI)—personal income less personal current taxes—increased $61.1 billion (0.3 percent). Personal outlays—the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments—increased $78.2 billion (0.4 percent) and consumer spending increased $81.3 billion (0.4 percent). Personal…</p></div><div class="views-field views-field-title-1"><span class="field-content"><p><a href=" /news/2024/personal-income-and-outlays-november-2024 ">Read More&nbsp;<i class="fa fa-arrow-circle-right" aria-hidden="true"></i></a></p></span></div></div> <div class="blog-list-item clearfix"><h3 class="blog-title"><a href=" /news/2024/gross-domestic-product-third-estimate-corporate-profits-revised-estimate-and-gdp-1 ">Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Third Quarter 2024 </a> </h3><div class="views-field views-field-created-1"><div class="field-content date-published">December 19, 2024 | News Release </div></div><div><p class="blog-summary">Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the third quarter of 2024, according to the “third” estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third quarter primarily reflected increases in consumer spending, exports, business investment, and federal government spending. 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