The BEA Wire | BEA's Official Blog

The U.S. goods and services trade deficit decreased from $78.9 billion in July (revised) to $70.4 billion in August, as exports increased and imports decreased. The goods deficit decreased $8.4 billion to $94.9 billion, and the services surplus increased $0.1 billion to $24.4 billion.

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.

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. 

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.

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.

BEA Chief Economist Dennis Fixler was selected to receive the 2023 Julius Shiskin Memorial Award for Economic Statistics, which recognizes original and

Researchers interested in using BEA’s confidential microdata now have new resources for discovering the data and applying for access for their research projects.

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.

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.

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.

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 pictu

BEA will release prototype statistics on Sept. 20 showing the role that outdoor recreation – pursuits like bicycling, RVing, and fishing – plays in each state’s economy. This will mark the first time state data are included in BEA’s outdoor recreation statistics.