Bureau of Economic Analysis

  • New Hampshire Jul 1, 2019

    Maine Experiences Bump in Personal Income

    Federal data shows the personal income of Mainers has jumped this year partly due to tax code changes.

  • Donald Trump Feb 23, 2019

    Fact Check: Trump's Habit of Inflating Trade Deficits

    When asked whether he would impose tariffs on cars imported from the European Union, President Donald Trump, as he regularly does, used an inflated figure for the trade balance between the U.S. and the EU. The deficit was $101 billion for 2017, not $151 billion, as he repeatedly claims. Trump, for years, has been using the goods-only figures for the...

  • Donald Trump Feb 16, 2019

    Fact Check: A Look at Trump's National Emergency Remarks

    In declaring a national emergency at the Southwest border, President Donald Trump strung together a long list of false, misleading and unsupported claims on illegal immigration, drug smuggling, human trafficking, trade deficits and other issues.

  • Donald Trump Sep 20, 2018

    Fact Check: Trump's Fuzzy Medicare Math

    President Donald Trump on several occasions has taken credit for making Medicare “stronger.” In one instance, he said, “Medicare will be $700 billion stronger over the next decade thanks to our growth.” In fact, Medicare’s finances have worsened since he took office, and economic growth is not expected to help the program as much as he claims

  • Donald Trump Aug 29, 2018

    Fact Check: US Trade With Canada Not ‘Smaller' Than With Mexico

    In announcing a tentative agreement with Mexico, President Donald Trump called Mexico “a very large trading partner” and said negotiations would now begin with Canada, which he called a “smaller segment.” But U.S. trade with Canada was about $57 billion larger than trade with Mexico in 2017. Trump’s comment came during a phone call with President Enrique Peña Nieto of...

  • Donald Trump Jul 13, 2018

    Fact Check: Trump Inflates GDP Growth

    In an interview with The Sun in England, President Donald Trump claimed “the GDP since I’ve taken over has doubled and tripled.” It hasn’t. Not even close.

  • Donald Trump Jun 14, 2018

    Fact Check: Trump Garbles Canadian Trade Statistics

    The official U.S. statistics on trade with Canada show that the United States has a trade surplus with our neighbor to the north. The U.S. surplus was $2.8 billion in 2017, according to the Census Bureau. Yet, President Donald Trump has claimed that the U.S. has “close to $100 billion a year loss with Canada” or $17 billion “minimum.”

  • Donald Trump Jun 14, 2018

    Fact Check: Trump Garbles Canadian Trade Statistics

    The official U.S. statistics on trade with Canada show that the United States has a trade surplus with our neighbor to the north. The U.S. surplus was $2.8 billion in 2017, according to the Census Bureau. Yet, President Donald Trump has claimed that the U.S. has “close to $100 billion a year loss with Canada” or $17 billion “minimum.”

  • Donald Trump Jun 11, 2018

    Fact Check: Trump Glosses Over Strong Points of US Trade

    President Donald Trump is presenting a skewed portrait of how the world does business with the U.S to rationalize his escalating trade dispute with allies. At the same time, he’s glossing over aspects of the U.S. economy that don’t support his faulty contention that it’s the best it’s ever been. The complexities of health care for veterans are also set...

  • Donald Trump Apr 28, 2017

    US Economic Growth Weakened to 0.7 Percent in First Quarter

    The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result repeats a pattern that has characterized the recovery: lackluster beginnings to the year. The gross domestic product, the total output of goods and services, grew by just 0.7 percent in the first quarter following a gain of...

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