US Bureau of Economic Analysis
Coverage of US Bureau of Economic Analysis in the Nexus archive.
- Louisiana economy grows as small businesses battle rising costs
Louisiana's economy grew 2.9% in the first quarter of 2026, outpacing the national GDP rate of 2.1%, driven by industrial construction and major projects like Meta’s $27 billion data center and Amazon’s $12 billion data centers. The state gained 17,000 jobs in the past year, but rising costs from tariffs, inflation, and insurance remain challenges for residents and small businesses.
- May exports to US break record even as USMCA renewal stalls
Mexico set a new monthly record for exports to the United States in May 2026, reaching $54.18 billion, a 17.5% increase from May 2025. Despite the U.S. declining to renew the USMCA for an additional 16 years, the trade agreement remains in effect, and Mexico maintained a significant trade surplus with the U.S. in May and the first five months of 2026.
- US Trade Deficit Widens in March to $60.3 Billion
The US trade deficit widened to $60.3 billion in March, indicating a significant increase in the difference between exports and imports. This surge in the trade deficit is a notable development in the country's economic landscape. The widening deficit reflects the complex dynamics of international trade and its impact on the US economy.