The BEA Wire | BEA's Official Blog
Measures of Economic Well-Being Updated With Complementary Open-Source Notebook
The Bureau of Economic Analysis updated its prototype measures of economic well-being and growth today and for the first time released open-source code that allows users to tailor the charts and tables to meet their needs.
The prototype measures package some of BEA’s headline statistics with data from other statistical agencies to spotlight trends in well-being and the drivers of economic growth.
BEA Milestone: We’ve Got Your ‘Harmonized’ Number
A blog post from BEA Director Vipin Arora
I recently bought a pair of shorts that fit just right. They were so good that I bought a pair of jeans from the same brand. Somehow—and we've all been here—the jeans fit tighter than the shorts, even though they were made by the same company. This isn't too different from what I sometimes go through as a data user.
Benchmark Updates of GDP and More Starting Sept. 28
For the first time, the Bureau of Economic Analysis will produce its benchmark updates of the nation’s gross domestic product and related industry and state statistics within the same timeframe. The updates will begin with initial results Sept. 28 and 29.
Previously, the benchmark updates of national, industry, and state data were conducted separately and spread over five months. Coordinating these statistics allows data users to…
BEA’s Chief Economist Wins Julius Shiskin Award
BEA Chief Economist Dennis Fixler was selected to receive the 2023 Julius Shiskin Memorial Award for Economic Statistics, which recognizes original and important contributions to statistics used to understand the economy.
New Platform Helps Researchers Apply to Use BEA Microdata
Researchers interested in using BEA’s confidential microdata now have new resources for discovering the data and applying for access for their research projects.
The Bureau of Economic Analysis and other federal statistical agencies worked together to create a standard application process for the agencies’ restricted-use data, including BEA’s confidential, company-specific international trade and investment data.
Survey of Current Business Begins Rolling Schedule, New Website
BEA’s journal of record, the Survey of Current Business, is starting 2023 by publishing articles more quickly, with a new website that makes content easier to find.
Beginning today, the Survey will publish individual articles, visual essays, statistical tables, and other content when they are ready, instead of holding them to publish together as a single online issue each month.
BEA Updating 2017-22 Statistics With Latest Data
At the end of September, BEA will update five years of U.S. gross domestic product and related statistics, as well as GDP statistics for industries and for each state.
These updates are part of a cycle the U.S. Bureau of Economic Analysis follows to continue refining its statistics as more information becomes available. The annual updates incorporate data that only become available yearly, such as from the Census Bureau’s annual…
Table Changes Coming With Annual Update of International Statistics
In June, BEA will speed up and expand our statistics on U.S. international trade in services, including adding detail on some of the most dynamic services, such as research and development, intellectual property, and financial services.
Deputy Director Bohman Takes on Duties as Acting Director
The Bureau of Economic Analysis (BEA) announced today that Deputy Director Mary Bohman is the acting Director of the Bureau, overseeing the production of official economic statistics that provide a comprehensive, up-to-date picture of the U.S. economy.
Coming Soon: State Outdoor Recreation Statistics
BEA will release prototype statistics on Sept. 20 showing the role that outdoor recreation – pursuits like bicycling, RVing, and fishing – plays in each state’s economy. This will mark the first time state data are included in BEA’s outdoor recreation statistics.
An updated set of national outdoor recreation statistics will be released at the same time. Both the national and state data will cover 2012 through 2017.
BEA to Hold Sept. 10 Webinar on BE-140 Benchmark Survey of Insurance Services
BEA will conduct a webinar on Sept. 10 for those required to fill out the BE-140, a benchmark survey that collects information on insurance transactions between U.S. insurance companies and foreign persons.The one-hour webinar will start at 1 p.m. EDT and detail reporting requirements for the survey, which is due to the Bureau of Economic Analysis by Sept. 30.
Five Years of GDP Data Will Be Updated July 26
The U.S. Bureau of Economic Analysis is expanding our annual updates that bring the economic picture of previous years into sharper focus. Starting with the July 26 update, we’ll begin revisiting at least five years of national statistics, instead of three, each summer.
In these summer updates, we use newly available data to refine earlier estimates of the nation’s gross domestic product and related statistics. GDP is…