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Jun 27, 2024 · BEA produces some of the most closely watched economic statistics that influence decisions of government officials, business people, and individuals. These statistics provide a comprehensive, up-to-date picture of the U.S. economy. The data on this page are drawn from featured BEA economic accounts.
The overall financial position of the United States as of 2014 includes $269.6 trillion of assets owned by households, businesses, and governments within its borders, representing more than 15.7 times the annual gross domestic product of the United States.
United States - Monthly Data. (1) In percent, seasonally adjusted. Annual averages are available for Not Seasonally Adjusted data. (2) Number of jobs, in thousands, seasonally adjusted. (3) Average Hourly Earnings for all employees on private nonfarm payrolls.
Sep 13, 2022 · The U.S. economy is in a strange place right now. Job growth is slowing, but demand for workers is strong. Inflation is high (but not as high as last spring). Consumers are spending more in...
Dec 12, 2022 · Find statistics and data trends about the American economy, including the GDP growth, recent jobs and employment reports, investments in small businesses, wealth distribution, and price inflation. We visualize, explain and provide objective context using government data to help you better understand how the American economy is changing.
How is the US economy doing? US gross domestic product (GDP) increased 1.9% in 2022 and another 2.5% in 2023. Year-over-year inflation — the rate at which consumer prices increase — was 3.1% in January 2023. The Federal Reserve raised interest rates seven times in 2022 and four times in 2023.
Jul 16, 2024 · The I.M.F. now expects the United States economy to grow more slowly than it did previously as a result of weaker consumer spending and a softening job market. The report forecast that U.S ...
Jan 26, 2024 · Economic Growth Due to Increases in Jobs, Incomes, and Spending. Today, the U.S. Commerce Department’s Bureau of Economic Analysis (BEA) reported fourth quarter real gross domestic product (GDP) increased at an annual rate of 3.3 percent in the fourth quarter of 2023 exceeding expectations.
Jul 17, 2024 · 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. The Regional Input-Output Modeling System, or RIMS II, is customized for each user’s needs. Multipliers may be purchased by region or industry.
Jun 27, 2024 · A comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation's overall economic health. Learn More
