Connect with Us


Timelier, more accurate data: the Commerce Department’s statistical agencies deliver on promise of better data for better decision-making

The Economics and Statistics Administration’s family of statistical agencies – the Bureau of Economic Analysis (BEA) and U.S. Census Bureau – are announcing an important new initiative that will lead to an acceleration of key trade data as well as improved accuracy of the advance estimate of Gross Domestic Product (GDP). GDP is widely considered the most important measure of the U.S. economy.

Highlights of U.S. Economic Growth in 2014

Photo of Under Secretary Mark Doms on a conference call.Today, I joined Standard and Poor's Chief Economist Beth Ann Bovino to discuss this morning's 2014 Q4 GDP Advance Estimate, which came in at 2.6%. Business Forward hosted the call with a live national audience of more than 150 business leaders and leading economic reporters from across the country.

Statement from U.S. Commerce Department Chief Economist Mark Doms on the Second Estimate of Gross Domestic Product for the First Quarter

WASHINGTON - The U.S. Commerce Department’s Bureau of Economic Analysis today released the second estimate of gross domestic product (GDP) for the first quarter of 2011. Real GDP grew 1.8 percent at an annual rate in the first quarter, unchanged from last month’s advance report and slightly below private-sector expectations of an upward revision. Corporate profits grew by $21.9 billion in the first quarter of 2011 to a level of $1,700.2 billion.

Will Economic Forecasters Become More Optimistic About the Labor Market?

What do forecasters say about how the economy will fare in 2011? This is a difficult question to answer as there are lots of changing forecasts of the U.S. economy. What is true is that in recent months, most forecasters have become increasingly optimistic about the economic outlook for the U.S. economy.


Subscribe to RSS - GDP

Subscribe to Economic Indicators

Subscribe with your email address to stay up-to-date with our economic indicators!

Go to top