Bureau of Economic Analysis

The Bureau of Economic Analysis (BEA) is a federal agency within the Department of Commerce that measures the U.S. economy—what is produced, earned, and spent. With about 500 employees and a $101 million budget, BEA produces key indicators like Gross Domestic Product (GDP), personal income, corporate profits, and consumer spending to inform policymakers, businesses, and the public.

Key Economic Indicators

BEA compiles national accounts for overall economic activity, including GDP as the main measure of growth. It also tracks regional data for states and counties, industry performance, and international trade via balance of payments. Learn more about its role in inflation tracking through the personal consumption expenditures price index, which guides Federal Reserve policy.

National and Regional Accounts

BEA’s four major systems—national, regional, industry, and international—provide timely, accurate data updated monthly or quarterly. These statistics support budget projections, investment decisions, and economic forecasting by government and private sectors.

Independence and Integrity

Unique among agencies, BEA uses only career staff with no political appointees, ensuring objective, reliable economic data for all Americans.