Each summer, the Bureau of Economic Analysis updates its Gross Domestic Product estimates to incorporate sources of data previously unavailable and make improvements in methodology –– all with the goal of providing the most accurate measure of the U.S. economy’s performance.
The BEA Wire | BEA's Official Blog
First Quarter State Personal Income Statistics to be Released June 22
June 19, 2015
Preliminary statistics on people’s incomes by state in the first quarter of 2015 will be released Monday, June 22 by the U.S. Bureau of Economic Analysis (BEA).
Preview of the 2015 Annual Revision of the National Income and Product Accounts
June 17, 2015
On July 30, the Bureau of Economic Analysis will release its annual update of the national income and product accounts (NIPAs) in conjunction with the advance estimate for the second quarter of 2015.
Broad Growth Across States in 2014
June 10, 2015
Real GDP increased in 48 states and the District of Columbia in 2014.
A Snapshot of the Seasonal Adjustment Process for GDP
June 10, 2015
A lot of work goes into measuring a $17 trillion economy. And, at the Bureau of Economic Analysis it’s a process that never really stops.
2014 GDP by State Statistics to be Released June 10
June 8, 2015
Statistics on the 2014 economic performance of all 50 states and the District of Columbia, will be released Wednesday, June 10 at 8:30 a.m. EDT by the U.S. Bureau of Economic Analysis.
April 2015 Trade Gap is $40.9 Billion
June 3, 2015
The U.S monthly international trade deficit decreased in April 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $50.6 billion in March (revised) to $40.9 billion in April, as exports increased and imports decreased.
Disposable Income Rises in April
June 1, 2015
Personal income increased 0.4 percent in April after increasing less than 0.1 percent in March. Wages and salaries, the largest component of personal income, rose 0.2 percent in April after rising 0.1 percent in March.
First-Quarter GDP Revised Down: "Second" Estimate of GDP
May 29, 2015
Real gross domestic product (GDP) decreased 0.7 percent in the first quarter of 2015, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was revised down 0.9 percentage point from the “advance” estimate released in April.
BEA's New Data Tool Provides Fast Access to Trade and Investment Stats for Countries
May 27, 2015
A new data tool–International Trade and Investment Country Facts Application–on the Bureau of Economic Analysis website gives users a snapshot of statistics on trade and investment between the United States and another country by simply clicking on a world map.
BEA Works to Mitigate Potential Sources of Residual Seasonality in GDP
May 22, 2015
The Bureau of Economic Analysis (BEA) is working on a multi-pronged action plan to improve its estimates of gross domestic product (GDP) by identifying and mitigating potential sources of “residual” seasonality.