The Bureau of Economic Analysis produces some of the Nation’s most important economic statistics, including the gross domestic product (GDP) and the balance of payments.
These statistics influence critical decisions made by policymakers, business leaders, households, and individuals that affect interest and exchange rates, tax and budget projections, business investment plans, and the allocation of over $300 billion in federal funds to states and local communities.
BEA prepares national, regional, industry, and international economic accounts that present essential information on such issues as regional economic development, inter-industry relationships, and the
Nation’s position in the world economy.
The National Income and Product Accounts (NIPAs) are the cornerstone of BEA’s statistics, which feature the Nation’s GDP statistics and related measures.