The Bureau of Economic Analysis (BEA) announced that the U.S. economy grew at a 3.3 percent pace in their third quarter of 2017 – faster than their initial estimate of 3.0 percent. More from BEA: GDP Increases in Third Quarter Real gross domestic product (GDP) increased 3.3 percent in the third quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. In the...

The Bureau of Economic Analysis (BEA) announced today that the U.S. economy grew at 3.0 percent pace in the third quarter of 2017. This is the second straight quarter that the economy grew at a 3 percent pace – BEA's third estimate for the second quarter showed that the U.S. economy grew at a 3.1 percent pace. The last time the economy grew at a 3 percent pace for two consecutive quarters was...

On Monday, the second of October two thousand and seventeen from 2:00 pm - 3:00 pm in the Department of Commerce Library The Department of Commerce will hold a listening session entitled: Cut the Red TapeEliminating Excessive Regulation To Create Jobs and Growth A summit hosted by Secretary Wilbur Ross The event is open to the public, and there will be an opportunity for questions, comments, and...

Personal income increased 0.4% in July after showing no change in June. Wages and salaries, the largest component of personal income, increased 0.5 percent in July, the same increase as in June. Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in July after remaining unchanged in June. Real DPI, income adjusted for taxes and inflation, increased 0.2 percent...

Real gross domestic product (GDP) increased 3.0 percent in the second quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.4 percentage point more than the “advance” estimate released in July. In the first quarter, real GDP increased 1.2 percent. The second‐quarter increase in real GDP reflected increases in both consumer spending...