Verified macro, policy and constituent-company developments relevant to the Dow Jones Industrial Average.
Real gross domestic product (GDP) increased in 2,375 counties, decreased in 717, and was unchanged in 21 in 2018, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). The percentage change in real GDP ranged from 86.5 percent in Jackson County, WV, to -44.0 percent in Grant County, ND. Full Text
Real spending (output) on travel and tourism accelerated in the third quarter of 2017, growing at an annual rate of 6.6 percent after increasing 6.0 percent (revised) in the second quarter, according to new statistics released by the Bureau of Economic Analysis. Real gross domestic product (GDP) for the nation also accelerated, increasing 3.3 percent in the third quarter (second estimate) after increasing 3.1 percent in the second quarter of 2017. Full Text
The Bureau of Economic Analysis (BEA) today released its 2007 Benchmark Input-Output (I-O) Account of the U.S. Economy. This widely used account--which provided the foundation for BEA's 2013 comprehensive revision of its gross domestic product (GDP) statistics--offers a comprehensive picture of the inner workings of the U.S. economy, showing production relationships among nearly 400 industries and commodities. Full Text
U.S. multinational companies: U.S. and foreign operations: Worldwide employment by U.S. multinational companies (MNCs) increased 1.5 percent in 2011 to 34.5 million workers, with the increase primarily reflecting increases abroad. Employment in the United States by majority-owned U.S. affiliates of foreign MNCs rose 3.3 percent in 2011, to 5.6 million workers, a rate of increase higher than the 1.8 percent increase in total U.S. private-industry employment in 2011. Full Text