Most popular statistics

Stats on the U.S.

  • Gross Domestic Product (GDP) - GDP is the most comprehensive measure available of U.S. economic activity. It measures the value of the goods and services produced by labor and property located in the United States.
  • Personal Income and Outlays - The monthly estimates of personal income and outlays measure the income U.S. residents receive and how they spend or save it.
  • Corporate Profits - The quarterly estimates of corporate profits provide a comprehensive, consistent measure of the income earned from current production by U.S. corporations.

Frequently Asked Questions (FAQ)

BEA currently has over 500 Frequently Asked Question on a number of subjects. If you have a question, we may have the answer in our database. Search to see if your question can be answered, and if not our congressional staff will be more than happy to get an answer for you.

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Primers

Analysis

State & Local Area

  • Gross Domestic Product by State: Data | Map | Chart
  • Gross Domestic Product by Metropolitan Area: Data | Chart
  • Quarterly Personal Income by State: Data | Map | Chart
  • Annual Personal Income and Employment by State: Data | Map | Chart
  • Local Area Personal Income and Employment: Data | Map | Chart
  • Real Personal Income and RPPs: Data | Map | Chart
  • BEA Regional Facts (BEARFacts) consists of narratives for states, counties, metropolitan statistical areas (MSAs). The narratives describe an area's personal income using current estimates, growth rates, and a breakdown of the sources of personal income.
  • Regional input-output multipliers (RIMS) such as the RIMS II multipliers attempt to estimate how much a one-time or sustained increase in economic activity in a particular region will be supplied by industries located in the region.

Frequently Asked Questions (FAQ)

BEA currently has over 500 Frequently Asked Questions on a number of subjects. If you have a question, we may have the answer in our database. Search to see if your question can be answered, and if not our congressional staff will be more than happy to get an answer for you.

View FAQs

Primers

Analysis

International

  • International Trade in Goods and Services – Monthly estimates of U.S. trade in goods and services provide up-to-date information on U.S. exports to and imports from foreign countries. The goods estimates, which are largely prepared by the U.S. Census Bureau, are available by detailed product and by selected countries and areas. The services estimates, which are prepared by BEA, are available by major category. The difference between exports and imports is the overall balance on trade in goods and services for the United States.
  • International Transactions Accounts (ITAs) – The international transactions accounts, also known as the balance of payments, present annual and quarterly estimates that summarize the transactions between the United States and foreign countries. They consist of a current account, a capital account, and a financial account.
  • International Services – Annual estimates of U.S. cross-border trade in services and of services supplied through affiliates provide detailed information on the two distinct channels through which services are delivered to the international markets.
  • International Investment Position – International investment position accounts show the cumulative value of U.S.-owned assets abroad and of foreign-owned assets in the United States at the end of each year. U.S.-owned assets abroad less foreign assets in the United States equals the net international investment position of the United States.
  • Operations of Multinational Enterprises (MNEs) – Financial and operating data cover the overall activities—such as sales, value added, employment, and capital expenditures—of U.S. affiliates of foreign companies and of foreign affiliates and their U.S. parent companies.

Frequently Asked Questions (FAQ)

BEA currently has over 500 Frequently Asked Question on a number of subjects. If you have a question, we may have the answer in our database. Search to see if your question can be answered, and if not our congressional staff will be more than happy to get an answer for you.

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Analysis

Industry

  • GDP by Industry - The GDP-by-industry accounts provide annual estimates of value added, the industry counterpart of GDP.
  • Annual I-O data - The annual input-output (I-O) accounts provide detailed information on the flows of goods and services that make up the production processes of industries.
  • Travel and tourism data - The Travel and Tourism Accounts (TTSAs) present a detailed picture of travel and tourism activity and its role in the U.S. economy.
  • 1959-2004 research and development data (Excel) - This account is developed by the Bureau of Economic Analysis, with support from the National Science Foundation. The research lays the ground work for incorporating R&D as an asset into the NIPAs, a proposal currently under consideration for the internationally accepted standard for national accounts, the System of National Accounts.

Frequently Asked Questions (FAQ)

BEA currently has over 500 Frequently Asked Question on a number of subjects. If you have a question, we may have the answer in our database. Search to see if your question can be answered, and if not our congressional staff will be more than happy to get an answer for you.

View FAQs

Primers

Analysis

Satellite Accounts

Satellite accounts are supplementary estimates that do not change the official national accounts, including gross domestic product (GDP). These satellite accounts provide greater detail than in the national income and product accounts (NIPAs) and allow analysis of a particular aspect of the economy, such as investment in research and development (R&D).

Research and Development

The account is developed by the Bureau of Economic Analysis, with support from the National Science Foundation. The research lays the ground work for incorporating R&D as an asset into the NIPAs, a proposal currently under consideration for the internationally accepted standard for national accounts, the System of National Accounts.

Health Care

Health care is a large and growing share of the U.S. economy – 17.4% of GDP in 2013. In order to provide more detail on this important sector, BEA has developed the Health Care Satellite Account (HCSA). With this new account, BEA aims to improve the measurement of health care spending, and help researchers and policymakers better understand this sector's spending and trends.

Travel and Tourism

The Travel and Tourism Accounts (TTSAs) present a detailed picture of travel and tourism activity and its role in the U.S. economy. These accounts present estimates of expenditures by tourists, or visitors, on 24 types of goods and services. The accounts also present estimates of the income generated by travel and tourism and estimates of output and employment generated by travel and tourism-related industries.

The accounts are updated annually and have been expanded to provide quarterly estimates of the sales of goods and services to travelers and employment attributable to those tourism sales.

Frequently Asked Questions (FAQ)

BEA currently has over 500 Frequently Asked Question on a number of subjects. If you have a question, we may have the answer in our database. Search to see if your question can be answered, and if not our congressional staff will be more than happy to get an answer for you.

View FAQs

Primers

Analysis

Congressional Testimony

JEC HEARING: The Impact of the Recovery Act on Economic Growth

October 28, 2009 - More information on the hearing (name, witnesses, etc.) is available on the U.S. Congress Joint Economic Committee Hearings page.

Rethinking the Gross Domestic Product as a Measurement of National Strength

March 12, 2008 - Testimony before the Interstate Commerce, Trade, and Tourism Subcommittee of the Senate Committee on Commerce, Science and Transportation - Senator Byron Dorgan, presiding

Measuring Economic Change

July 24, 2002 - Testimony before the Joint Economic Committee, Congress of the United States

Is the GDP Accurately Measuring the U.S. Economy?

April 5, 2001 - Testimony before the Subcommittee on the Census Committee on Government Reform, U.S. House of Representatives

  • Opening Statements
  • Testimony of Witnesses
    • Steve Landefeld, Director, Bureau of Economic Analysis (PDF)
    • Frederick T. Knickerbocker, Associate Director for Economic Programs, Bureau of the Census (PDF)
    • Richard B. Berner, President, National Association for Business Economics and Managing Director and Chief U.S. Economist, Morgan Stanley Inc. (PDF)
    • Diane C. Swonk, Senior Vice President Chief Economist, Bank One Corporation, and Past President of the National Association for Business Economics (PDF)
    • Gordon R. Richards, National Association of Manufacturers (PDF)
    • Ernst R. Berndt, Alfred B. Seley Professor of Applied Economics, MIT Sloan School of Management, and Director, National Bureau of Economic Research Program on Technological Progress and Productivity Measurement (PDF)
    • Robert Dennis, Assistant Director, Macroeconomic Analysis Division, Congressional Budget Office (PDF)