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.


Early Estimates of the Impact of AI Within BEA’s Industry Economic Accounts

Currently, there is not a line item in the U.S. national accounts that can be used to identify and measure the economic impact of artificial intelligence (AI). Therefore, we use tools to indirectly estimate the impact of AI via the lens of BEA’s industry accounts. Throughout, we discuss… Read more

By Tina Highfill, Jon D. Samuels
Published

Pilot U.S. Physical and Monetary Energy Flow Accounts

This paper presents pilot physical and monetary energy fow accounts (PEFA and MEFA, respectively) for the United States, covering 2012–2022/2023. These pilot accounts integrate existing economic and energy statistics to track energy fows through the economy in accordance with international… Read more

By Matthew Chambers, Tina Highfill, Dirk van Duym
Published

A Value Chain Approach to Measuring the U.S. Production Structure

This paper develops a framework to examine the factor composition embedded in U.S. value added across final demand components by integrating value-added data with Integrated Industry-Level Production Account (KLEMS) statistics. This approach quantifies factor-specific value added within U.S.… Read more

By Jon D. Samuels, Gonca Senel
Published

Developing Federal Government Consumption Expenditures and Gross Investment Statistics by State

This paper details BEA’s ongoing efforts to develop experimental statistics on federal government consumption expenditures and gross investment by state. These new statistics would provide valuable information for policymaking, research, and business decision-making at the state level,… Read more

By Christian Awuku-Budu, Kyle K. Hood, Kun Li
Published