Ohio economy - Tax Columbus

U.S. Current-Account Deficit Narrows in Fourth Quarter 2025, Driven by Primary Income Surplus and Goods Trade Improvement

The United States experienced a significant reduction in its current-account deficit during the fourth quarter of 2025, a key indicator of the nation’s economic interactions with the rest of the…

March Sees Robust Growth in Personal Income and Consumer Spending, Driven by Compensation and Goods Consumption

Personal income increased $149.2 billion (0.6 percent at a monthly rate) in March, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). Disposable personal income (DPI)—personal…

U.S. Economy Shows Robust Growth in First Quarter of 2026, Exceeding Previous Quarter’s Performance

The United States economy demonstrated a significant rebound in the first quarter of 2026, with real gross domestic product (GDP) expanding at a brisk annual rate of 2.0 percent. This…

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…