U.S. Counties Show Divergent Economic Fortunes in 2024, With Significant Gains and Declines Across Regions

The economic landscape of the United States in 2024 presented a mosaic of growth and contraction at the county level, with real Gross Domestic Product (GDP) expanding in a substantial…

U.S. Bureau of Economic Analysis Releases Comprehensive 2024 State-Level Economic Data

Washington D.C. – The U.S. Bureau of Economic Analysis (BEA) today unveiled its latest annual statistics, offering a detailed look at the economic landscape of all 50 states and the…

The U.S. Outdoor Recreation Economy Contributes $696.7 Billion to GDP in 2024, Showing Steady Growth

The U.S. Bureau of Economic Analysis (BEA) has unveiled its latest comprehensive report on the nation’s outdoor recreation economy, revealing a significant economic powerhouse that contributed $696.7 billion to the…

Foreign Direct Investment Soars in U.S. Businesses, Reaching $232.2 Billion in 2025

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses surged to $232.2 billion in 2025, marking a substantial increase of $76.8 billion, or 49.5 percent, from the…

Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2024

Majority-owned U.S. affiliates of foreign multinational enterprises (MNEs) employed 8.57 million workers in the United States in 2024, marking a modest 0.2 percent increase from the 8.56 million recorded in…

U.S. Direct Investment Abroad and Foreign Direct Investment in the U.S. Show Significant Growth in 2025

The cumulative level of U.S. direct investment abroad reached $7.14 trillion by the end of 2025, marking a substantial increase of $438.1 billion from the previous year. This expansion was…

U.S. Trade Deficit Widens Sharply in July, Driven by Increased Imports and Decreased Exports

The United States experienced a significant widening of its goods and services deficit in July, reaching $88.6 billion, a notable increase of $17.4 billion from the revised $71.2 billion deficit…

U.S. Current-Account Deficit Widens Significantly in Q2 2026, Signaling Shifting Economic Dynamics

The U.S. current-account deficit, a key measure of a nation’s international economic transactions, expanded by a substantial $33.4 billion, or 15.7 percent, to reach $246.0 billion in the second quarter…

U.S. Personal Income Sees Modest Growth in August, Consumer Spending Accelerates

August witnessed a notable uptick in consumer activity, as personal income edged upward while personal consumption expenditures (PCE) experienced a significant surge, according to the latest data released by the…

U.S. Economy Shows Resilience with 2.2% Growth in Q2 2026, Driven by Strong Consumer and Investment Spending

The United States economy demonstrated robust growth in the second quarter of 2026, with real gross domestic product (GDP) expanding at an annual rate of 2.2 percent. This upward revision,…