Bureau of Economic Analysis

Revised US Report Says Economy Grew 33.4 Pct In Third Quarter
Revised US Report Says Economy Grew 33.4 Pct In Third Quarter
December 22, 2020  |  Economy

An update to the U.S. government’s economic report boosted its earlier estimates of growth up by a bit. The economy, as measured by gross domestic...

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US Personal Income Increase Beats Forecasts
US Personal Income Increase Beats Forecasts
October 30, 2020  |  Economy

September was the fifth consecutive month that U.S. personal income went up, posting an increase of 0.9 percent, the U.S. Bureau of Economic Analysis (BEA)...

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US GDP Rebounds With 33.1 Pct Annual Increase
US GDP Rebounds With 33.1 Pct Annual Increase
October 29, 2020  |  Economy

The Bureau of Economic Analysis reported on Thursday (Oct. 29) that real gross domestic product (GDP) rose at an annual rate of 33.1 percent in...

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New Data Shows Americans Made And Spent Slightly More In July
New Data Shows Americans Made And Spent Slightly More In July
August 28, 2020  |  Economy

Americans made 0.4 percent more money in July than in June, took home 0.2 percent more after taxes and spent 1.9 percent more, according to...

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U.S. Savings Rate Hits Record-High 33 Pct, But Spending Falls A Record 13.6 Pct
U.S. Savings Rate Hits Record-High 33 Pct, But Spending Falls A Record 13.6 Pct
May 29, 2020  |  Economy

The consumer savings rate hit a historic 33 percent in April, as Americans hunkered down amid COVID-19, the U.S. Bureau of Economic Analysis (BEA) announced Friday...

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Savings Rate Surges To Highest Level In 39 Years
Savings Rate Surges To Highest Level In 39 Years
May 01, 2020  |  Banking

The shaky coronavirus economy has promoted people to sock money at levels not seen since 1981. A Bureau of Economic Analysis report released on Thursday...

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