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4600 Silver Hill Rd.
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United States

Bureau of Economic Analysis

BEA is an independent, principal federal statistical agency that promotes a better understanding of the U.S. economy by providing timely, relevant, and accurate economic accounts data in an objective and cost-effective manner. Although a relatively small agency, BEA produces some of the most closely watched and influential economic indicators, such as gross domestic product (GDP) and the trade balance, that directly affect decisions made by policy makers, business leaders, and the American public.

BEA’s national, industry, regional, and international economic accounts present valuable information on U.S. economic growth, regional economic development, interindustry relationships, and the Nation's position in the world economy. Some of the widely used statistical measures produced by BEA include GDP, personal income and outlays, corporate profits, GDP by state and by metropolitan area, balance of payments, and GDP by industry. These statistics are used by federal, state, and local governments for budget development and projections; by the Federal Reserve for monetary policy; by the business sector for planning and investment; and by the American public to follow and understand the performance of the nation’s economy.

Leadership

Dr. Brian C. Moyer

Director, Bureau of Economic Analysis, Performing the non-exclusive functions and duties of the Under Secretary for Economic Affairs

Related Content

GDP Increases in Key Industry Groups in 1st Quarter of 2019

Blog
The following is a cross-post from the Bureau of Economic Analysis (BEA) Finance and insurance; retail trade; and health care and social assistance were the leading contributors to the increase in U.S. economic growth in the first quarter of 2019. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 16 of 22 industry groups contributed to...

Foreign Direct Investment in the U.S. Rises in 2018

Blog
On July 2, the Commerce Department's Bureau of Economic Analysis (BEA) released updated annual statistics on the amount and characteristics of new investments in the United States by foreign investors. Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $296.4 billion in 2018, up 8.7 percent from $272.8 billion in 2017. Additional highlights of the...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the National Marine Manufacturers Association 2019 American Boating Congress

Speeches
Introduced by Ben Speciale, President, Yamaha’s U.S. Marine Business and chair of the NMMA Board of Directors. Thank you, Ben, for that kind introduction, and for the invitation to participate in the 2019 American Boating Congress. It’s great to be here. Congratulations to Thom Dammrich for your nearly 20 successful years at the helm of the National Marine Manufacturers Association. Under your...

Real GDP Increases in 49 States and District of Columbia

Blog
The following is a cross-post from the Bureau of Economic Analysis Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the fourth quarter of 2018. The percent change in real GDP in the fourth quarter ranged from 6.6 percent in Texas to 0.0 percent in Delaware. Wholesale trade, mining, and information services were the leading contributors to the increase in...

GDP Increases in First Quarter

Blog
Real gross domestic product increased 3.2 percent in the first quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent. GDP Highlights The increase in real GDP reflected increases in consumer spending, inventory investment, exports, government spending, and business investment that were partly...

Statement from U.S. Secretary of Commerce Wilbur Ross on Q1 2019 GDP Growth

Press releases
WASHINGTON – Today, the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) released the first quarter 2019 Gross Domestic Product (GDP) numbers. The Bureau found that the real gross domestic product increased at an annual rate of 3.2 percent in the first quarter of 2019. “This blockbuster GDP report shows that President Donald J. Trump’s policies are unleashing the vitality of the...

U.S. Economic Growth Reached 3.1 Percent Growth In 2018

Blog
No economic analysis can be considered complete without appreciation for the many different estimates and assessments that go into evaluating our country’s economy. The Department of Commerce provides many of the economic indicators that business, government and Americans of all stripes rely on, including our regular estimates of U.S. GDP growth. During 2018, real GDP grew 3.1 percent, the fastest...

Statement from U.S. Secretary of Commerce Wilbur Ross on Q4 and Annual 2018 GDP: Economy Grows 2.9% in 2018

Press releases
Today, the Department of Commerce’s Bureau of Economic Analysis (BEA) released the fourth quarter and annual gross domestic product (GDP) numbers. The Bureau found that the real gross domestic product increased at an annual rate of 2.6 percent in the fourth quarter and 2.9 percent for all of 2018. “President Donald Trump has unleashed American growth at a pace the experts thought was not possible,...

BEA Releases First County GDP Numbers

Blog
Real gross domestic product increased in 1,931 of the nation’s counties and decreased in 1,159 counties in 2015, according to prototype statistics from the U.S. Bureau of Economic Analysis. The inflation-adjusted data show GDP unchanged in 23 counties. These prototype county GDP statistics , for the years 2012-2015, represent another step forward in meeting BEA’s long-standing goal of providing a...

Real Gross Domestic Product (GDP) Increases in all 50 States in 2nd Quarter of 2018

Blog
The following is a cross-post from the Bureau of Economic Analysis (BEA) Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in the second quarter of 2018, according to statistics released today by the U.S. Bureau of Economic Analysis. The percent change in real GDP in the second quarter ranged from 6.0 percent in Texas to 2.5 percent in Delaware. Information...