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Latest Research

The views expressed in these papers are solely those of the authors and not necessarily those of the U.S. Bureau of Economic Analysis or the U.S. Department of Commerce.


Updated Experimental Ultimate Host Economy Statistics for U.S. Direct Investment Abroad

This paper provides an update on BEA’s research into ultimate host economy statistics for U.S. direct investment abroad (USDIA). A previous BEA working paper (Brew et al. 2023) explored producing statistics on equity position by… Read more

By Kirsten Brew, Amanda Budny, Jessica Hanson, Ryan Smith, Larkin Terrie, Daniel R. Yorgason
Published

Price Chains and the Origins of PCE Price Growth

Off-the-shelf growth accounting is typically used to assess the sources of economic growth, and recently established approaches to measuring trade in value added are typically used to decompose domestic and foreign content in bundles of final demand. This paper merges the two approaches to… Read more

By Jon D. Samuels
Published

The Space Economy Workforce and STEM Occupations

Recent BEA statistics show the U.S. space economy employed over 373,000 private sector workers in 2023, spanning almost every industry sector in the economy. However, little is known about the occupations within these industries, resulting in an incomplete understanding of the current skillsets… Read more

By Abby R. Goldman, Asha Balakrishnan, Tina Highfill
Published

Rethinking Inflation Heterogeneity: Evidence From National Accounts

Do low-income households systematically face higher inflation than high-income households? Contrary to prevailing narratives based on the consumer price index, our analysis using personal consumption expenditure price indices demonstrates that inflation inequality has been moderating. Using… Read more

By Marina Gindelsky, Robert Martin
Published