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Bureau of Economic Analysis

Bureau of Economic Analysis (BEA)

Statement from Acting U.S. Commerce Secretary Rebecca Blank on the Advance Estimate of GDP in the Second Quarter of 2012

Submitted on July 27, 2012 - 10:42am
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The U.S. Commerce Department’s Bureau of Economic Analysis today released the advance estimate of gross domestic product (GDP) for the second quarter of 2012. Real GDP grew 1.5 percent at an annual rate in the second quarter, consistent with private sector expectations.

Statement from U.S. Commerce Secretary John Bryson on U.S. International Trade in Goods and Services in April 2012

Submitted on June 8, 2012 - 10:13am
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WASHINGTON – U.S. Secretary of Commerce John Bryson issued the following statement today on the release of the April 2012 U.S. International Trade in Goods and Services report by the Commerce Department’s Census Bureau and Bureau of Economic Analysis. U.S. goods and services exports in April 2012 were down 0.8 percent from March 2012 to reach $182.9 billion. 

U.S. goods and services exports year-to-date through the first four months of 2012 were up 6.0 percent or $41.4 billion from the same period of 2011 to reach $725.8 billion. 

Statement from Commerce Secretary John Bryson on International Trade in Goods and Services in February 2012

Submitted on April 12, 2012 - 11:21am
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U.S. Secretary of Commerce John Bryson issued the following statement today on the release of the February 2012 U.S. International Trade in Goods and Services report (PDF) by the Commerce Department’s Census Bureau and Bureau of Economic Analysis. U.S. goods and services exports in February 2012 were up 0.1 percent from January 2012 to reach a record $181.2 billion. In addition, record highs were seen in U.S. exports of total services ($53.2 billion), and capital goods exports ($43.2 billion).

Statement from U.S. Commerce Secretary John Bryson on the Advance Estimate of Gross Domestic Product in the Third Quarter 2011

Submitted on October 27, 2011 - 9:48am
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WASHINGTON – The U.S. Commerce Department’s Bureau of Economic Analysis today released the advance estimate of gross domestic product (GDP) for the third quarter of 2011.  Real GDP rose 2.5 percent at an annual rate, consistent with private-sector expectations and up from the 1.3 percent increase in the second quarter and a significant step-up from the 0.4 percent gain in the first quarter.

Statement from Acting U.S. Commerce Secretary Rebecca Blank on U.S. International Trade in Goods and Services in August 2011

Submitted on October 13, 2011 - 11:04am
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WASHINGTON – Acting U.S. Commerce Secretary Rebecca Blank issued the following statement today on the release of the August 2011 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis.  Today’s report showed that U.S. exports of goods and services in August 2011 decreased 0.1 percent from July 2011 to $177.6 billion.  This month’s exports of petroleum products ($10.3 billion) were the highest on record.  This month’s exports of services ($50.9 billion) were also the highest on record leading the U.S. trade surplus in services to reach a record $15.8 billion in August.  U.S. imports of goods and services also decreased $111 million to reach $223.2 billion, causing the U.S.