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gross domestic product
Pago Pago, AMERICAN SAMOA — An increase of 1.8 percent in the real gross domestic product (GDP) for American Samoa in 2022 — after decreasing 0.8 percent in 2021 — “reflected increases in government spending and exports,” according to the U.S. Bureau of Economic Analysis (BEA) statistics report...
Pago Pago, AMERICAN SAMOA — When the U.S. Bureau of Economic Analysis (BEA) released last week Thursday the gross domestic product (GDP) for American Samoa in 2021, it also provided data on the GDP by industry and compensation for 2020 as well as revised updates for 2019 and 2020.
According to BEA...
Pago Pago, AMERICAN SAMOA — American Samoa’s real gross domestic product (GDP) decreased by 1.7% in 2021 after increasing 5.0% in 2020, according to statistics released yesterday by the U.S. Bureau of Economic Analysis (BEA).
“The decrease in real GDP reflected decreases in exports and private...
Pago Pago, AMERICAN SAMOA — American Samoa’s estimated gross domestic product (GDP) decreased by 1.4% in 2019, according to data and information released last Friday by the Bureau of Economic Analysis (BEA) of the US Department of Commerce.
Responding to a request for comments or reaction to the...
Pago Page, AMERICAN SAMOA — To determine the financial and economic impact of the next federally mandated minimum wage hike, Gov. Lolo Matalasi Moliga has appointed a 10-member Minimum Wage Assessment Working Group to provide a report for review.
As previously reported by Samoa News, the next...
Pago Pago, AMERICAN SAMOA — American Samoa’s estimated gross domestic product (GDP) decreased by more than 5% in 2017, according to data released more than a week ago by the Bureau of Economic Analysis (BEA) of the US Department of Commerce.
“Tuna canning industry exports declined significantly,”...