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.


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 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

Comparing Estimates of Fixed Investment in Nonresidential Structures and Equipment

The U.S. Bureau of Economic Analysis (BEA) has relied mainly on the U.S. Census Bureau’s monthly Value of Construction Put in Place Survey (VIP) to measure levels of fixed investment in structures; the Annual Survey of Manufactures (ASM, with the commodity-flow method) to measure levels of fixed… Read more

By Robert Kornfeld
Published

Developing Experimental State Quarterly Personal Consumption Expenditures

 

 

BEA produces annual personal consumption expenditures (PCE) by state statistics, providing critical insights into households’ consumption at the state level. These statistics, however, are produced with a 10-month lag. To address this issue, ongoing research by BEA’s Regional Economics… Read more

By Mahsa Gholizadeh, Kyle K. Hood, Steven L. Zemanek, Christian Awuku-Budu, Ledia Guci, Kekai Liu, Jack York
Published