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Aug302018

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Personal income increased 0.3 percent in July after increasing 0.4 percent in June. Wages and salaries, the largest component of personal income,increased 0.4 percent in July, the same increase as in June. Current-dollar disposable personal income (DPI), after-tax income, increased 0.3 percent in July after increasing 0.4 percent in June.

Aug292018

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Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2018, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.1 percentage point more than the “advance” estimate released in July. In the first quarter, real GDP increased 2.2 percent.

Aug132018

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Protecting the data the U.S. Census Bureau collects is a critical part of our mission and our highest priority. We know the accuracy of our statistics depends on the accuracy of the data we collect. This means that the public must be able to trust us with their data so the Census Bureau can provide quality data about the people and economy of the United States.

Aug092018

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Seasonal forecasters with NOAA’s Climate Prediction Center have increased the likelihood of a below-normal Atlantic hurricane season to 60 percent (up from 25 percent in May) in the updated outlook, issued today. The likelihood of a near-normal season is now at 30 percent, and the chance of an above-normal season has dropped from 35 percent to 10 percent.

Aug022018

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Following the flurry of activity from the SelectUSA Investment Summit, it is always a welcome change of pace to take some time in the heat of Summer to reflect on the state of foreign direct investment (FDI) in the United States. As SelectUSA’s resident economist, taking stock of how things have changed isn’t just figurative; it is quite literal.

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