Bureau of Economic Analysis
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3 day(s) with sentiment data
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US inflation hits 3-year high as consumer spending accelerates
US consumer spending saw an acceleration in May, despite a significant rise in prices that marked the fastest pace in over three years. This inflationary pressure, with the PCE price index up 4.1% year-over-year, is exp…
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Trump admin policy change restricts Census data release methods
The Trump administration has implemented a new policy that restricts the methods used by the Census Bureau and the Bureau of Economic Analysis (BEA) to release statistical data. This order, "Disclosure Avoidance for Sta…
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US inflation seeps beyond gas into housing, utilities
Inflation in the United States is showing signs of spreading beyond gasoline prices, impacting sectors like housing, utilities, and recreational spending. Recent data from the Personal Consumption Expenditures Price Ind…
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US consumers dip into savings as spending outpaces income growth
Americans are increasingly spending more than they earn, leading to a significant drawdown in personal savings. This trend is exacerbated by rising energy costs, particularly gasoline, which are impacting household budg…
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US national debt surpasses GDP, trajectory raises fiscal concerns
The United States has surpassed a national debt level equal to its gross domestic product, reaching $31.4 trillion against a $31.9 trillion GDP in Q1. While this 100% debt-to-GDP ratio is a symbolic milestone, experts e…