County Economies Show Varied Growth and Contraction in 2024 Amidst Shifting Economic Landscape

The U.S. Bureau of Economic Analysis (BEA) today released its latest estimates for real gross domestic product (GDP) and personal income by county for 2024, revealing a complex economic picture…

U.S. Bureau of Economic Analysis Releases 2024 State-Level Economic Data on Personal Consumption Expenditures, Income, and Price Parities

The U.S. Bureau of Economic Analysis (BEA) today unveiled its comprehensive annual statistics for 2024, offering a detailed look at real personal consumption expenditures (PCE), real personal income, and regional…

The U.S. Outdoor Recreation Economy Reaches $696.7 Billion in 2024, Demonstrating Resilience and Shifting Consumer Preferences

The United States Bureau of Economic Analysis (BEA) has unveiled comprehensive new data detailing the significant and evolving economic footprint of the nation’s outdoor recreation sector. For 2024, the outdoor…

Foreign Direct Investment in U.S. Businesses Surges 49.5 Percent to $232.2 Billion in 2025, Driven by Acquisitions and Manufacturing Sector Strength

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

U.S. Current-Account Deficit Widens in First Quarter 2026 Amid Shifting Income Balances

The U.S. current-account deficit, a broad measure of the nation’s international economic transactions, expanded by $5.8 billion, or 2.6 percent, to $226.8 billion in the first quarter of 2026. This…

Foreign Multinational Enterprises’ U.S. Affiliates Employ 8.57 Million Workers in 2024, Showing Modest Growth

Majority-owned U.S. affiliates of foreign multinational enterprises (MNEs) provided employment for 8.57 million workers across the United States in 2024. This figure represents a marginal increase of 0.2 percent from…

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

The cumulative level of U.S. direct investment abroad surged by $438.1 billion, reaching a substantial $7.14 trillion by the close of 2025. This robust expansion, detailed in statistics released by…

U.S. Goods and Services Deficit Narrows in June, Driven by Declines in Both Exports and Imports

The United States recorded a goods and services deficit of $73.3 billion in June, a notable decrease of $4.4 billion from the revised May figure of $77.6 billion. This contraction…

US Economy Slows to 1.5% Growth in Second Quarter of 2026 Amidst Shifting Economic Forces

The United States economy experienced a deceleration in its growth rate during the second quarter of 2026, with real Gross Domestic Product (GDP) increasing at an annual rate of 1.5…

U.S. Trade Deficit Shrinks in June, Driven by Declines in Both Exports and Imports

Washington D.C. – The United States experienced a narrowing of its goods and services deficit in June, with the gap between what the nation buys from and sells to the…