Tag: bea

BEA’s September 30 Data Drop Will Also Rewrite Parts of the Recent Economic History

On Wednesday, BEA releases August personal income and spending and the third estimate of second-quarter GDP, and launches its 2026 annual update of the national, industry and regional accounts on the same day for the first time.

U.S. Current-Account Deficit Widens to $246 Billion; That Is Not a Jobs Figure

The U.S. current-account deficit widened 15.7% to $246.0 billion in the second quarter, 3.0% of GDP, on a larger goods deficit. The figure measures trade and income flows, not hiring or layoffs.