US Economic Upturn

Hi I am interested in having the information about the analysis of the economic position of the United States of America by Bureau of Economic Analysis on vqrious aspects as well as the GDP forecast?

[Rajkumar Agarwal]

Bureau of Economic Analysis creates probably the most nearly viewed financial measurements that impact choices of government authorities, specialists, and people. These insights give a far reaching, exceptional photo of the U.S. economy. The information on this page are drawn from highlighted BEA monetary records.

National Economic Accounts

Gross Domestic Product (GDP)

3rd quarter 2016: 3.5 percent
2nd quarter 2016: 1.4 percent

Quarterly information: Real total national output expanded at a yearly rate of 3.5 percent in the second from last quarter of 2016 (table 1), as per the "third" gauge discharged by the Bureau of Economic Analysis. In the second quarter, genuine GDP expanded 1.4 percent.




Personal Income

November 2016: 0.0 percent (personal income)
October 2016: 0.5 percent (personal income)




Industry Economic Accounts

Quarterly Industry Accounts: GDP by Industry

Quarterly Data: Finance and protection; discount exchange; and data administrations were the main benefactors to the expansion in U.S. financial development in the second from last quarter of 2016. As per total national output (GDP) by industry measurements discharged by the Bureau of Economic Analysis, 20 of 22 industry bunches added to the general 3.5 percent expansion in genuine GDP in the second from last quarter.

International Economic Accounts

U.S. Balance of Payments (International Transactions)

Current Account Balance:
3rd quarter 2016: -$113.0 billion
2nd quarter 2016: -$118.3 billion

GDP Increases in Third Quarter