The Economics and Statistics Administration
The Economics and Statistics Administration (ESA)
releases 12 monthly and quarterly Principal Federal Economic
Indicators collected by its constituent bureaus: the U.S. Census Bureau and the Bureau of Economic Analysis (BEA). Businesses
rely heavily upon these indicators to make decisions every day. In their public
comments, the Secretary and ESA’s Under Secretary and Chief Economist put the
indicators into a national and global economic context. |
Economic News
Real gross domestic product (GDP) grew at an annual rate of 1.3% in the second quarter of 2011, according to today’s advance estimate. This follows a growth rate of 0.4% in the first quarter of 2011, according to revised estimates.
To read the full report click the link below:
Gross_Domestic_Product_(Second_Quarter_2011_(Advance_Estimate)) |
BEA Current
Releases page
Source: Census Bureau
Frequency: Monthly, with revisions
Description: A report of the dollar
value of sales of a broad range of goods, from cars and gasoline to furniture,
food services, and clothing.
Source: Census Bureau
Frequency: Monthly, with revisions
Description: A measure of the number
of orders for a broad range of products—from computers and furniture to autos
and defense aircraft—with an expected life of at least three years. The Census
Bureau's report on strong factory orders (see below) includes revised and more
detailed estimates of durable goods shipments and orders, plus estimates of
nondurable goods shipments and orders.
Source: Census Bureau
Frequency: Monthly
Description: A measure of the dollar value of new
construction activity. Includes data on residential projects (such as homes and
apartment buildings), nonresidential projects (such as privately funded office
buildings), and public projects (such as schools and highways funded by the
local, state, or federal government).
Source: Bureau of Economic Analysis
(BEA)
Frequency: Quarterly
Description: Also known as the "current account deficit," this report is a measurement of net
U.S. trade in merchandise, services, and certain financial transactions.
Source:Bureau of Economic Analysis
(BEA)
Frequency: Quarterly, with
revisions
Description: GDP is a comprehensive measure of the
economic health of the nation. It represents the total value of the country's
production and consists of purchases of domestically produced goods and services
by individuals, businesses, foreigners, and the government.
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Source: Census Bureau
Frequency: Monthly
Description: A report of the number of newly
constructed homes with a committed sale during the month.
Source: Co-release of Census Bureau and the Dept. of Housing
and Urban Development (HUD)
Frequency: Monthly
Description: Also known as "housing starts and
building permits," this report comprises data on the construction of private
residential structures, such as single-family homes and apartment buildings.
Source: Bureau of Economic Analysis
(BEA)
Frequency: Monthly, with
revisions
Description: A report of the income that
households receive from all sources, such as wages and salaries, employer
contributions to pension plans, rental properties, and dividends and interest.
It also includes data on personal spending for durable goods (products with an
expected life of more than one year) and nondurable goods and services, as well
as information on the percentage of their income that households are saving.
Source: Co-release of Census Bureau and Bureau of Economic
Analysis (BEA)
Frequency: Monthly, with
revisions
Description: A report of the difference between
the dollar value of exports and imports. Foreign trade is an important component
of aggregate economic activity, representing a significant portion of gross
domestic product.
Source: Census Bureau
Frequency: Monthly
Description: A report of the tally of sales and
inventories of U.S. merchant wholesalers.
Source: Census Bureau
Frequency: Monthly
Description: Also known as "factory orders," this
report comprises the dollar level of new orders for manufactured durable goods
(products with an expected life of at least three years) and nondurable goods.
The report gives more complete information than the advance durable goods orders
report (see above), which is released earlier in the month.
Source: Census Bureau
Frequency: Monthly
Description: Also known as "business inventories,"
this is a report of the dollar value of product inventories held by
manufacturers, wholesalers, and retailers. Included in the report is the
inventories/sales ratio, a gauge of the number of months it would take to
deplete existing inventories at the current rate of sales. |