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Miscellaneous |
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U.S. Bureau of Economic Analysis
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Personal Income and Outlays: November 2008
Personal income decreased $20.7 billion, or 0.2 percent, and disposable personal income (DPI)
decreased $11.8 billion, or 0.1 percent, in November, according to the Bureau of Economic Analysis.
Personal consumption expenditures (PCE) decreased $56.1 billion, or 0.6 percent. In October,
personal income increased $11.3 billion, or 0.1 percent, DPI increased $16.7 billion, or 0.2
percent, and PCE decreased $102.6 billion, or 1.0 percent, based on revised estimates.
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Gross Domestic Product: Third Quarter 2008 (Final) and Corporate Profits: Third Quarter (Final)
Real gross domestic product -- the output of goods and services produced by labor and property
located in the United States -- decreased at an annual rate of 0.5 percent in the third quarter of 2008,
(that is, from the second quarter to the third quarter), according to final estimates released by the Bureau
of Economic Analysis. In the second quarter, real GDP increased 2.8 percent.
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County Compensation by Industry, 2007
Total compensation of U.S. workers grew 5.2% in 2007 and most counties shared in that growth, according to statistics released today by the Bureau of Economic Analysis (BEA). Compensation grew in over 90% of the 3,111 counties in the U.S., as the average annual compensation per job in the U.S. grew by 4.1% to $53,892. Inflation, as measured by the national price index for personal consumption expenditures, grew 2.6% in 2007.
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State Personal Income: Third Quarter 2008
U.S. personal income growth slowed sharply in the third quarter of 2008 with all states except New Jersey and Wyoming sharing in the slowdown, according to statistics released today by the U.S. Bureau of Economic Analysis. U.S. personal income remained unchanged from the second quarter which had been boosted by economic stimulus payments. The third quarter personal income growth was the weakest for the nation since the first quarter of 1994 and contrasts with the 1.6 percent increase in the second quarter of 2008. State personal income growth rates in the third quarter ranged from a 1.4 percent increase in Wyoming to a 1.6 percent decrease in Mississippi.
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U.S. International Transactions: Third Quarter 2008
The U.S. current-account deficit--the combined balances on trade in goods
and services, income, and net unilateral current transfers--decreased to
$174.1 billion (preliminary) in the third quarter of 2008 from $180.9 billion
(revised) in the second quarter. The decrease was accounted for by increases
in the surpluses on income and on services and decreases in the deficit on
goods and in net unilateral current transfers to foreigners.
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