Bureau of Economic Analysis

Bureau of Economic Analysis
Logo of the Bureau of Economic Analysis
Agency overview
FormedJanuary 1, 1972 (1972-01-01)
Preceding agency
  • Office of Business Economics
HeadquartersSuitland, MD
Employees500
Annual budget$101 million (FY2019)
Agency executives
  • Vipin Arora, Director
  • Patricia Abaroa, Deputy Director;
Parent departmentDepartment of Commerce
Websitewww.bea.gov

The Bureau of Economic Analysis (BEA) of the United States Department of Commerce is a U.S. government agency that provides official macroeconomic and industry statistics, most notably reports about the gross domestic product (GDP) of the United States and its various units—states, cities/towns/townships/villages/counties, and metropolitan areas. They also provide information about personal income, corporate profits, and government spending in their National Income and Product Accounts (NIPAs).

The BEA 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 $101 million.[3]

  1. ^ "U.S. Economy at a Glance". Bureau of Economic Analysis. Archived from the original on 21 January 2021. Retrieved 4 March 2021.
  2. ^ "BEA: Mission, Vision, and Values". Bureau of Economic Analysis. Archived from the original on 2008-05-13. Retrieved 2008-06-29.
  3. ^ "Statistical Programs of the United States Government" (PDF). Executive Office of the President: Office Management and Budget. pp. 25, 153. Retrieved 2020-12-28.