The BEA Wire | BEA's Official Blog
Trust Regulation Effective Today: Delivering Better Data and Evidence for the American Public
For over 100 years, our nation’s statistical system has delivered trusted, high-quality statistics that drive government, business, and household decisions. Over that time, BEA and other statistical agencies have evolved with and adapted to our ever-changing economy. Today, we celebrate another step in that evolution with the publication of the “Trust Regulation.”
BEA Updates Regional Economic Impact Tool
BEA's economic modeling tool that helps users analyze how a proposed project would ripple through a region's economy is now updated with new benchmark data.
New Statistics Show Distribution of Personal Income Within States
Statistics for every state and the District of Columbia were added today to BEA’s prototype statistics on the distribution of U.S. personal income. This provides a new tool for assessing how households share in each state’s economic growth.
Measures of Economic Well-Being Updated With Complementary Open-Source Notebook
The Bureau of Economic Analysis updated its prototype measures of economic well-being and growth today and for the first time released open-source code that allows users to tailor the charts and tables to meet their needs.
The prototype measures package some of BEA’s headline statistics with data from other statistical agencies to spotlight trends in well-being and the drivers of economic growth.
BEA Milestone: We’ve Got Your ‘Harmonized’ Number
A blog post from BEA Director Vipin Arora
I recently bought a pair of shorts that fit just right. They were so good that I bought a pair of jeans from the same brand. Somehow—and we've all been here—the jeans fit tighter than the shorts, even though they were made by the same company. This isn't too different from what I sometimes go through as a data user.
Benchmark Updates of GDP and More Starting Sept. 28
For the first time, the Bureau of Economic Analysis will produce its benchmark updates of the nation’s gross domestic product and related industry and state statistics within the same timeframe. The updates will begin with initial results Sept. 28 and 29.
Previously, the benchmark updates of national, industry, and state data were conducted separately and spread over five months. Coordinating these statistics allows data users to…
BEA’s Chief Economist Wins Julius Shiskin Award
BEA Chief Economist Dennis Fixler was selected to receive the 2023 Julius Shiskin Memorial Award for Economic Statistics, which recognizes original and important contributions to statistics used to understand the economy.
New Platform Helps Researchers Apply to Use BEA Microdata
Researchers interested in using BEA’s confidential microdata now have new resources for discovering the data and applying for access for their research projects.
The Bureau of Economic Analysis and other federal statistical agencies worked together to create a standard application process for the agencies’ restricted-use data, including BEA’s confidential, company-specific international trade and investment data.
Survey of Current Business Begins Rolling Schedule, New Website
BEA’s journal of record, the Survey of Current Business, is starting 2023 by publishing articles more quickly, with a new website that makes content easier to find.
Beginning today, the Survey will publish individual articles, visual essays, statistical tables, and other content when they are ready, instead of holding them to publish together as a single online issue each month.
BEA Updating 2017-22 Statistics With Latest Data
At the end of September, BEA will update five years of U.S. gross domestic product and related statistics, as well as GDP statistics for industries and for each state.
These updates are part of a cycle the U.S. Bureau of Economic Analysis follows to continue refining its statistics as more information becomes available. The annual updates incorporate data that only become available yearly, such as from the Census Bureau’s annual…
Table Changes Coming With Annual Update of International Statistics
In June, BEA will speed up and expand our statistics on U.S. international trade in services, including adding detail on some of the most dynamic services, such as research and development, intellectual property, and financial services.
Deputy Director Bohman Takes on Duties as Acting Director
The Bureau of Economic Analysis (BEA) announced today that Deputy Director Mary Bohman is the acting Director of the Bureau, overseeing the production of official economic statistics that provide a comprehensive, up-to-date picture of the U.S. economy.