Bureau of Economic Analysis
Annual Update of GDP, Industry, and State Statistics Starts Sept. 25
Release of the annual update of gross domestic product and related statistics, including GDP by industry, begins Sept. 25. Updates of state and county statistics start Sept. 26.
Regular annual updates enable the U.S. Bureau of Economic Analysis to refine our estimates as more complete source data become available. They are also a time to bring in improvements in methodology and presentation. This year, we'll introduce data on business investment in data centers.
Principal Federal Economic Indicators
Noteworthy
The Latest
GDP Growth Slows in First Quarter
Real gross domestic product (GDP) increased 0.1 percent in the first quarter of 2014, according to the “advance” estimate released today by the Bureau of Economic Analysis. In the fourth quarter of 2013, the growth rate was 2.6 percent.
First-quarter GDP highlights The slowdown in real GDP growth reflected:
Gross Domestic Product, 1st quarter 2014 (advance estimate)
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 0.1 percent in the first quarter (that is, from the fourth quarter of 2013 to the first quarter of 2014), according to the "advance" estimate released by the Bureau of Economic Analysis.
New Quarterly Statistics Detail Industries' Economic Performance
The Bureau of Economic Analysis released today – for the first time – gross domestic product (GDP) by industry for 22 industry sectors on a quarterly basis. These new statistics fill an important gap in U.S. federal economic statistics by providing timely information on how individual industries contributed to U.S. economic growth in a given quarter.
New Commerce Data Supports Better Economic Decision-Making by Businesses and Policymakers
This week, the Commerce Department’s Bureau of Economic Analysis (BEA) released two new data products that will help American businesses, consumers, policymakers and academia gain important information about the performance of the U.S. economy.
New BEA Data Proves Valuable for Retail Industry
Guest blog post by Jack Kleinhenz, Ph.D., Chief Economist, National Retail Federation
NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries.
Gross Domestic Product by Industry, 4th quarter and annual 2013
The Bureau of Economic Analysis released today – for the first time – gross domestic product (GDP) by industry for 22 industry sectors on a quarterly basis. These new statistics fill an important gap in U.S. federal economic statistics by providing timely information on how individual industries contributed to U.S. economic growth in a given quarter. These new data also provide businesses with a comprehensive and consistent tool for…
BEA Introduces New Measures of the Regional Economy—Estimates of Real Personal Income for States, 2008–2012
Today, the U.S. Bureau of Economic Analysis released real, price-adjusted estimates of personal income for states and metropolitan areas for 2008-2012. The price-adjustments are based on regional price parities (RPPs) and on BEA’s national Personal Consumption Expenditure (PCE) price index. The RPPs measure geographic differences in the price levels of consumption goods and services relative to the national average, and the PCE…
BEA Introduces New Measures of the Regional Economy—Estimates of Real Personal Income for Metropolitan Areas, 2008–2012
Today, the U.S. Bureau of Economic Analysis released real, price-adjusted estimates of personal income for states and metropolitan areas for 2008-2012. The price-adjustments are based on regional price parities (RPPs) and on BEA’s national Personal Consumption Expenditure (PCE) price index. The RPPs measure geographic differences in the price levels of consumption goods and services relative to the national average, and the PCE…
Real Personal Income for States and Metropolitan Areas, 2008-2012
Today, the U.S. Bureau of Economic Analysis released real, price-adjusted estimates of personal income for states and metropolitan areas for 2008-2012.
Coming Soon: New Statistics Will Provide More Timely Snapshot of How Industries are Performing
Want to know how much manufacturing contributed to U.S. economic growth in a given quarter? How about educational services?
For the first time, the Bureau of Economic Analysis (BEA) will soon start producing on a regular basis quarterly estimates of economic activity generated by 22 industries.