Bureau of Economic Analysis

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced Thursday that total January exports of $184.5 billion and imports of $228.9 billion resulted in a goods and services deficit of $44.4 billion, up from $38.1 billion in December, revised...

The U.S. international trade balance plummeted in December as currency movements threw monetary and goods flows out of whack. For the month, the trade balance fell to $38.5 billion from $48.6 billion in November, worse than expectations of a balance of $46.0 billion. Currencies were to blame in...

Fourth quarter GDP for the United States was reported as contracting 0.1 percent from the prior quarter, below economist forecasts of of 1.1 percent growth. The rate of contraction was also well below the 3.1 percent growth seen in the third quarter and, if first quarter GDP remains weak, the U.S...

New orders for durable goods dropped the most in August since the depths of the Great Recession. Businesses cut back spending on long-term, fixed assets. Companies had been increasing spending on durable goods for the previous three months but this month's report wipes out all of those gains. The...

Second quarter U.S. GDP grew a mere 1.5 percent, faster than expectations of a 1.4 percent rate of growth and well above the "whisper number" which was much closer to 0 percent. The report dashed hopes of imminent Federal Reserve easing, as it shows that the U.S. economy continues to chug along...