U.S. Personal Income Rose 0.4 Percent in January, Driven by Compensation and Dividends, Amidst Lingering Effects of Government Shutdown

Personal income in the United States saw a notable increase of $113.8 billion, or 0.4 percent at a monthly rate, in January, according to revised estimates released by the U.S.…

The U.S. Outdoor Recreation Economy Valued at $696.7 Billion in 2024, Accounts for 2.4% of National GDP

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…

U.S. International Trade in Goods and Services Deficit Shrinks Significantly in January

The United States experienced a notable contraction in its trade deficit for goods and services in January, as reported by the U.S. Census Bureau and the U.S. Bureau of Economic…

The Arts and Cultural Production Satellite Account Demonstrates Robust Economic Growth and Significant Contribution to the U.S. Economy

The U.S. Bureau of Economic Analysis (BEA) today released its comprehensive Arts and Cultural Production Satellite Account, revealing a sector that not only outpaced the broader economy in growth but…

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

The U.S. marine economy generated a substantial $511.0 billion, or 1.8 percent, of the nation’s current-dollar Gross Domestic Product (GDP) in 2023, marking a significant increase from the $482.4 billion…

Foreign Direct Investment in U.S. Businesses Declines in 2024, Driven by Fewer Acquisitions

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $151.0 billion in 2024, a notable decrease from the previous year, according to preliminary statistics released by…

U.S. Direct Investment Abroad Position Reaches $6.83 Trillion, Foreign Investment in U.S. Hits $5.71 Trillion in 2024

The United States experienced a significant expansion in its international investment landscape throughout 2024, with both outward and inward direct investment positions showing robust growth. According to the latest statistics…

U.S. Multinational Enterprise Employment Sees Slight Dip in 2023 Amid Shifting Global Operations

Worldwide employment by U.S. multinational enterprises (MNEs) experienced a marginal decrease of 0.4 percent in 2023, reaching an estimated 43.9 million workers. This represents a slight contraction from the revised…

Puerto Rico’s Economy Rebounds with 3.0 Percent GDP Growth in 2023 After 2022 Contraction

Puerto Rico’s economy demonstrated a significant recovery in 2023, with real gross domestic product (GDP) increasing by 3.0 percent. This marks a substantial turnaround from the 2.1 percent decrease observed…

Foreign-Owned Companies Boost U.S. Employment and Economic Contribution in 2023

The U.S. operations of majority-owned affiliates of foreign multinational enterprises (MNEs) significantly contributed to the American economy in 2023, with employment figures showing a steady increase and key economic indicators…