A Snapshot in Time

Principal Federal Economic Indicators

View

Gross Domestic Product

Q2 2020 (2nd)

-31.7%

View

Personal Income

July 2020

0.4%

View

International Trade in Goods and Services

July 2020

-$63.6B

View

International Transactions

2nd quarter 2020

-$170.5 B

Explore Data by Topic

U.S. Economy at a Glance

View Current Releases

Noteworthy

• COVID-19 and Recovery in BEA Data
• COVID-19: Spending Estimates
• CDC's Latest Info on COVID-19
• Sept. 28: Prototype GDP for Puerto Rico
• Sept. 30: Industry Data with GDP
• Video: Guide to News Release Materials
• Quick Guide: GDP News Releases

Second Quarter State Personal Income Statistics to be Released September 24

Suitland, Md. – Preliminary statistics on people’s incomes by state in the second quarter of 2020 will be released Thursday, Sept. 24 by the U.S. Bureau of Economic Analysis.

These state personal income statistics will provide BEA’s first look at state economies for the April-June quarter of 2020 and serve as a basis for government and business decision making. For example:

• Federal government agencies use state personal income statistics to allocate funds and determine matching grants to states. The statistics are also used in forecasting models to project energy and water use.
• State governments use the statistics to project tax revenues and demand for public services.
• Academic regional economists use the statistics for applied research.
• Businesses, trade associations, and labor organization use the statistics for market research.

The release will also include updated annual state personal income estimates for 2013 to 2019  and updated estimates for the first quarter of 2013 through the first quarter of 2020.

The news release, along with hyperlinks to the associated tables in PDF and XLSX formats, will be forwarded to you. The statistics, released at 8:30 a.m. eastern time, also will be available on BEA’s website (www.bea.gov).