U.S. International Trade in Goods and Services Deficit Widens in March

The United States recorded a goods and services deficit of $60.3 billion in March, an increase of $2.5 billion from the revised February figure of $57.8 billion. This widening of…

US Economy Accelerates to 2.0 Percent Growth in First Quarter of 2026

The U.S. Bureau of Economic Analysis (BEA) announced today that real gross domestic product (GDP) expanded at an annual rate of 2.0 percent in the first quarter of 2026, a…

U.S. Trade Deficit Widens in March Driven by Increased Goods Imports

The United States experienced a widening of its goods and services deficit in March, reaching $60.3 billion, a notable increase of $2.5 billion from the revised $57.8 billion recorded in…

U.S. Trade Deficit Widens in February Amidst Rising Imports and Exports

The United States recorded a goods and services deficit of $57.3 billion in February, an increase of $2.7 billion from the revised January figure of $54.7 billion. This widening of…

U.S. Personal Income Rises 0.6% in March, Driven by Compensation and Farm Income, Amidst Shifting Consumer Spending Patterns

The United States experienced a notable uptick in personal income during March, with a 0.6 percent monthly increase, translating to $149.2 billion, according to the latest data released by the…

U.S. Economy Accelerates in First Quarter of 2026 with 2.0% GDP Growth

The United States economy demonstrated a robust rebound in the first quarter of 2026, with real gross domestic product (GDP) accelerating to an annual rate of 2.0 percent, according to…

U.S. International Trade in Goods and Services Deficit Widens in February

The United States recorded a goods and services deficit of $57.3 billion in February, an increase of $2.7 billion from the revised January figure of $54.7 billion, according to joint…

U.S. Real Gross Domestic Product Grew at a Modest 0.5 Percent Annual Rate in Fourth Quarter 2025, Revised Downward Amidst Government Shutdown Impacts

The U.S. economy demonstrated a more tempered growth trajectory in the fourth quarter of 2025, with real Gross Domestic Product (GDP) expanding at an annual rate of 0.5 percent. This…

February Personal Income Declines Slightly as Consumer Spending Sees Modest Growth Amidst Lingering Economic Uncertainty

Personal income experienced a marginal decrease of $18.2 billion, or 0.1 percent, in February, according to newly released data from the U.S. Bureau of Economic Analysis (BEA). This slight contraction…

The U.S. Marine Economy Contributes $511 Billion to GDP in 2023, Demonstrating Robust Growth

The U.S. marine economy played a significant role in the nation’s economic landscape in 2023, contributing $511.0 billion, or 1.8 percent, to the current-dollar U.S. gross domestic product (GDP). This…