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Economic indicators

We are the world’s most trusted, impartial source of comprehensive data about the U.S. economy. Every five years the Census Bureau conducts an Economic Census and Census of Governments, in addition to more than 100 other surveys conducted monthly, quarterly, or annually.

From these censuses and surveys 13 economic indicators are produced, serving as the foundation for gross domestic product (GDP). Produced by the Bureau of Economic Analysis, GDP data is ranked as one of the three most influential economic measures that affect U.S. financial markets.

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Statement from U.S. Secretary of Commerce Wilbur Ross on Q1 2020 GDP Advance Estimate

Press releases
Today, the Department of Commerce’s Bureau of Economic Analysis (BEA) released the advance estimate for gross domestic product (GDP) for the first quarter of 2020, finding that real gross domestic product contracted at an annual rate of 4.8 percent. U.S. Secretary of Commerce Wilbur Ross issued the following statement in response: "Today’s GDP numbers are weak, but in line with expectations as a...

Commerce Department Offers Educational Resources for Students to Continue to Learn from Home

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Ever wanted to take a virtual tour of the ocean, learn about the role of a hurricane hunter, or collect cards on famous inventors? Are you looking to educate your students about the importance of being counted in the 2020 Census? Kids across the country are home from school and teachers and parents are looking for educational resources to help kids stay connected and continue to learn. The...

Statement from U.S. Secretary of Commerce Wilbur Ross on Q4 and Annual 2019 GDP: Economy Grows 2.3% in 2019

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 2.1 percent in the fourth quarter and 2.3 percent for all of 2019, continuing to beat expectations. “Since the beginning of this Administration, critics have predicted...

BEA Reports 17 of 22 Industry Groups Contributed to the 2.1 Percent Increase in Real GDP in 3rd Quarter.

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Nondurable goods manufacturing; retail trade; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the third quarter of 2019, according to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis. Both private services- and goods-producing industries contributed to the increase; the...

U.S. Secretary of Commerce Concludes Successful 2019

Press releases
Throughout 2019, under the leadership of Secretary of Commerce Wilbur Ross, the U.S. Department of Commerce and thousands of its employees worked together to maintain the safety of American citizens, fuel the continuing economic revival, and produce new data products while preparing for the 2020 Decennial Census. “During the past year, the work of the Department has proven to be essential to...

Measuring the Value of the U.S. Space Economy

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The Space Economy Satellite Account (SESA) is a new, collaborative effort to measure the relative importance of the space sector on the U.S. economy, with a special emphasis on the growing commercial space segment. This new account is part of the economic satellite accounts produced by the Bureau of Economic Analysis (BEA). A satellite account refers to statistics that complement BEA's official U...

U.S. Economy Increases at a 2.1% Pace in the Third Quarter

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Real gross domestic product (GDP) increased 2.1 percent in the third quarter of 2019, according to the “third” estimate released by the Bureau of Economic Analysis. The growth rate was unrevised from the “second” estimate released in November. In the second quarter, real GDP rose 2.0 percent. GDP highlights The third-quarter increase in real GDP reflected increases in consumer spending, government...