BEA's economic modeling tool that helps users analyze how a proposed project would ripple through a region's economy is now updated with new benchmark data.
A blog from BEA Director Vipin Arora
BEA’s supply-use tables may be the unsung hero of economic accounting.
For many, that description immediately brings to mind images of some well-known superhero sidekicks. Yet when I take a step back and think about the impact of supply-use tables, I am reminded of something else entirely: shipping containers.
Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $148.8 billion in 2023, down $57.4 billion, or 28 percent, from $206.2 billion in 2022.
The U.S. goods and services trade deficit increased from $74.5 billion in April (revised) to $75.1 billion in May, as exports decreased more than imports. The goods deficit increased $0.9 billion to $100.2 billion, and the services surplus increased $0.3 billion to $25.1 billion.
A blog from BEA Director Vipin Arora
Every year, usually in January, I feel absolutely committed to getting a better handle on my finances. All I want to understand—not just at the end of the year, but throughout the year—is exactly what is coming in, what is going out, and what I have left over. Yet I can never seem to calculate these “personal profits,” nor how far I am from the mythical financial goals I’m supposed to have. Maybe my struggles are why I find our estimates of corporate profits at BEA so remarkable.
