Bureau of Economic Analysis

Bureau of Economic Analysis
Agency overview
Formed	January 1, 1972
Preceding agency	Office of Business Economics;
Headquarters	Washington, D.C.
Employees	500
Annual budget	$96.5 million (2013)
Agency executive	Director, Brian C. Moyer;
Parent agency	Economics and Statistics Administration
Website	www.bea.gov

The Bureau of Economic Analysis (BEA) is a U.S. government agency that provides official macroeconomic and industry statistics, most notably reports about the gross domestic product of the United States. They also provide information about personal income, corporate profits, and government spending in their National Income and Product Accounts (NIPAs).

BEA is part of the United States Department of Commerce and is one of the principal agencies of the U.S. Federal Statistical System.^[1] Its stated mission is to "promote a better understanding of the U.S. economy by providing the most timely, relevant, and accurate economic data in an objective and cost-effective manner".^[2]

BEA has about 500 employees and an annual budget of approximately $96.5 million.^[3]

National Accounts

The National Income and Product Accounts (NIPAs) provide information about personal income, corporate profits, government spending, fixed assets, and changes in the net worth of the U.S. Economy.^[4]

The accounts also include other approaches and methods of measuring income and spending, such as the Gross Domestic Income (GDI) and Gross National Income (GNI).^[5]

Industry Accounts

There are quarterly and annual reports for "GDP by Industry Accounts", designed for analysis of a specific industry's contribution to overall economic growth and inflation.

References

^ "U.S. Economy at a Glance". Bureau of Economic Analysis. Retrieved 13 March 2015.
^ "BEA: Mission, Vision, and Values". Bureau of Economic Analysis. Retrieved 2008-06-29.
^ Statistical Programs of the United States Government. Office of Management and Budget. November 26, 2012. Pages 5 and 92.
^ U.S. Bureau of Economic Analysis (BEA). "BEA Economic Accounts" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help) 6/21/2016.
^ U.S. Bureau of Economic Analysis. "Measuring the Economy. Primer on GDP and the National Income and Product Accounts" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help) December 2015.

External links

Official website
Bureau of Economic Analysis in the Federal Register
Brief history of Bureau of Economic Analysis
BEA Data Application Programming Interface (API)
Measuring the Economy from the BEA has information about what GDP is, and brief summaries about the summaries created by the BEA.

This United States government–related article is a stub. You can help Wikipedia by expanding it.

[1] "U.S. Economy at a Glance". Bureau of Economic Analysis. Retrieved 13 March 2015.

[mission-2] "BEA: Mission, Vision, and Values". Bureau of Economic Analysis. Retrieved 2008-06-29.

[OMB-FY13-StatSystemReport-3] Statistical Programs of the United States Government. Office of Management and Budget. November 26, 2012. Pages 5 and 92.

[4] U.S. Bureau of Economic Analysis (BEA). "BEA Economic Accounts" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help) 6/21/2016.

[5] U.S. Bureau of Economic Analysis. "Measuring the Economy. Primer on GDP and the National Income and Product Accounts" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help) December 2015.

[1]

[2]

[3]

[4]

[5]

v t e United States Department of Commerce
Headquarters: Herbert C. Hoover Building Gina Raimondo, Secretary of Commerce Don Graves, Deputy Secretary of Commerce
Deputy Secretary of Commerce	Economic Development Administration National Technical Information Service Minority Business Development Agency National Telecommunications and Information Administration
Under Secretary of Commerce for Economic Affairs	Bureau of the Census Federal Audit Clearinghouse Bureau of Economic Analysis
Under Secretary of Commerce for Industry and Security	Bureau of Industry and Security Office of Export Enforcement
Under Secretary of Commerce for Intellectual Property	United States Patent and Trademark Office
Under Secretary of Commerce for International Trade	International Trade Administration Commercial Service
Under Secretary of Commerce for Oceans and Atmosphere	National Oceanic and Atmospheric Administration Environmental Satellite, Data, and Information Service Marine Fisheries Service Ocean Service Weather Service Marine & Aviation Operations Oceanic & Atmospheric Research
Under Secretary of Commerce for Standards and Technology	National Institute of Standards and Technology

v t e Federal Statistical System of the United States
Principal agencies	Census Bureau Bureau of Labor Statistics National Center for Education Statistics National Agricultural Statistics Service National Center for Health Statistics Energy Information Administration Bureau of Economic Analysis Economic Research Service Bureau of Justice Statistics National Center for Science and Engineering Statistics (National Science Foundation) Statistics of Income Division (Internal Revenue Service) Bureau of Transportation Statistics Office of Research, Evaluation, and Statistics (Social Security Administration)
Other agencies	Economics and Statistics Administration Office of Immigration Statistics HUD USER
As defined by the U.S. Office of Management and Budget, the principal agencies of the Federal Statistical System have statistical activities as their core mission and conduct much of the government’s statistical work.

National Accounts

Industry Accounts

See also

References

External links