U.S. Bureau of Economic Analysis

For each quarter of the year, BEA produces a wealth of state economic statistics. They are now featured in the same news release with industry statistics and the third estimate of U.S. gross domestic product each quarter. Starting with the fourth quarter of 2025, BEA accelerated its production of state GDP and personal income statistics to present this comprehensive picture of the economy on the same day. To dig deeper into our state statistics, visit BEA’s Interactive Data tables.

BEA has significantly expanded its global value chain statistics to help policymakers and the public better understand international supply chains. Global value chain statistics lay out the mix of domestic and imported value included in the cross-border production chains of goods and services. They are also known as statistics measuring trade in value added. On May 21, BEA expanded these data to encompass the domestic and imported sources of value throughout the U.S. economy.

in the first quarter of 2026 (January, February, and March), according to the third estimate released today by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2025, real GDP increased 0.5 percent. Real GDP was revised up 0.5 percentage point from the second estimate, primarily reflecting a downward revision to imports, which are a subtraction in the calculation of GDP, that was partly offset by a downward revision to consumer spending.

(0.7 percent at a monthly rate) in May, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). Disposable personal income (DPI)—personal income less personal current taxes—increased $164.9 billion (0.7 percent), and personal consumption expenditures (PCE) increased $156.1 billion (0.7 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $159.9 billion in May.

The U.S. current-account deficit resulting from international economic transactions widened by $5.8 billion, or 2.6 percent, to $226.8 billion in the first quarter of 2026, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $221.1 billion. The first-quarter deficit was 2.9 percent of current-dollar gross domestic product, up from 2.8 percent in the fourth quarter.

Build custom tables and charts from BEA's distribution of personal income statistics with BEA’s newest data analysis tool. The Income Data Analysis Tool, or IDAT, launched today in conjunction with the latest release of BEA’s national distribution of personal income statistics. This tool allows users to explore BEA’s state and national distribution of personal income data by creating custom visualizations and tables based on income concepts, years, and income quantiles.

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $232.2 billion in 2025, according to preliminary statistics released today by the U.S. Bureau of Economic Analysis. Expenditures increased $76.8 billion, or 49.5 percent, from 2024 levels. As in previous years, acquisitions of existing U.S. businesses accounted for most of the expenditures.

Explanatory Notes Goods (Census basis) Data for goods on a Census basis are compiled from the documents collected by U.S. Customs and Border Protection (CBP) and reflect the movement of goods between foreign countries and the 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, and U.S. Foreign Trade Zones.

A blog post from BEA Director Vipin Arora When my kids were younger, they always asked me how things are made. I usually didn’t know. My own dad’s playbook for these questions was saying “I forgot.” I guess I’ve forgotten a lot over the years, too. That said, understanding how things are made is critical to making them better, and ultimately to driving economic growth. Economists have a proven framework to help with this understanding, arcanely named KLEMS (more on this below).

A blog post from BEA Director Vipin Arora It still seems novel to me that the United States is the world’s largest producer of crude oil, though we’ve had that distinction since 2018. And my guess is that even in the eternally optimistic oil business, there weren’t many people who predicted this back when the shale boom began gathering momentum. In fact, I remember claims at the time that even with new fracking technology, production would be restrained by a lack of capital, such as frac pumps.