Showing posts with label BEA. Show all posts
Showing posts with label BEA. Show all posts

Wednesday, April 30, 2014

GDP by Industry

Gross-Domestic-Product-(GDP)-by-Industry Data includes:

Value added, gross output, intermediate inputs, the components of value added, and employment by industry
Intermediate energy, materials, and purchased services inputs by industry
Gross output by industry

Friday, July 19, 2013

Sequestration-Related Budget Cuts; Regional, State, and Local Impacts

C2ER has compiled a brief summary of sequestration-related budget cuts by government agency. These items were chosen specifically for their potential impact on regional/state, and local programs.

Bureau of Economic Analysis (BEA)

Regional Input-Output Modeling System (RIMS) - BEA eliminated the RIMS II product in FY 2013. RIMS II provides modeling estimates to the private sector, Federal, state, and local governments on changes in economic activity.

Local Area Personal Income Statistics (LAPI) - BEA also eliminated detailed statistics within its LAPI program. This is the only source for county and metropolitan area personal income statistics.

Foreign Direct Investment Analytical Products - BEA eliminated analytical activities related to FDI and the operations of multinational companies (MNCs), affecting some annual publications as well as occasional topical papers. BEA also stopped publishing analytical products that provide insight into offshoring, the impact of MNCs on the domestic economy, and the impact of global value chains for measuring economic activity.

Find more information here.

Bureau of Labor Statistics (BLS)

Measuring Green Jobs - The BLS eliminated the Measuring Green Jobs products. This includes the special employer surveys that provide data on the occupations and wages of jobs related to green technologies and practices, as well as career information related to green jobs.

Mass Layoff Statistics Program - Also eliminates is the mass layoff program that provides information identifying, describing, and tracking the effects of major job cutbacks in the economy.

International Labor Comparisons Program - The International Labor Comparisons (ILC) program has also been eliminated. This program adjusts foreign data to a common framework of concepts, definitions, and classifications to facilitate data comparisons between the United States and other countries.

Find more information here.

Census Bureau

Economic Programs - A six-month delay in the delivery of over 1,600 Economic Census products due to staffing reductions at the National Processing Center and Census headquarters.

2020 Decennial Census Programs - Budget cuts mean that Census cannot carry out the planned research and testing needed for work on design options for the 2020 Census. Reduced funding levels also force the delay of preparatory work related to the FY 2014 field tests, delaying the acquisition of information needed to make design decisions in FY 2015 for the 2020 Census.

Geographic Support Program - Reductions will delay decisions about the viability of cost-saving designs associated with the 2020 Census address canvassing operation, scheduled for later in the decade.

American Community Survey - Cuts to the American Community Survey (ACS) eliminate much needed investments in the ACS processing infrastructure, program management, and research program.

Demographic Programs - Cuts to these programs prevent the implementation of new supplemental poverty measures. These cuts will also delay data releases for the 2014 panel for the Survey of Income and Program Participation.

Find more information here.

Energy Information Administration (EIA)

Annual Energy Review - The EIA has suspended publication of the Annual Energy Review and its companion publication, Energy Perspectives.

Residential Energy Consumption Survey (RECS) - Delayed to FY 2014. It has also delayed upgrades to its critical weekly petroleum and natural gas statistical reports.

EIA's FY 2013 and FY 2014 Budget Requests to Congress can be viewed here.

United States Department of Agriculture

National Agricultural Statistics Service (NASS) - The National Agricultural Statistics Service is suspending a number of statistical surveys and reports.

Find more information here.

USDA Economic Research Service (ERS)

Agricultural Productivity in the U.S. - Updates of the State-level statistics are suspended.

County-Level Data Sets (“County Look-Up Tables”) - Updates of socioeconomic indicators in this format will be phased out.

Find more information here.

Sunday, August 12, 2012

Census Bureau Releases Its First Mobile App Providing Real-Time Statistics on U.S. Economy

The U.S. Census Bureau released its first-ever mobile application, “America’s Economy,” which will provide constantly updated statistics on the U.S. economy, including monthly economic indicators, trends, along with a schedule of upcoming announcements. The app, which is currently available for Android mobile device users, combines statistics from the U.S. Department of Commerce’s Census Bureau, Bureau of Economic Analysis, and the U.S. Department of Labor’s Bureau of Labor Statistics.
America’s Economy is the first mobile app from the Census Bureau that provides smartphone and tablet users with the real-time government statistics that drive business hiring, sales and production decisions and assist economists, researchers, planners and policymakers. The economic indicators track monthly and quarterly trends in industries, such as employment, housing construction, international trade, personal income, retail sales and manufacturing.
The America’s Economy app has been developed as part of the Census Bureau’s Web Transformation Project and fulfills a key goal of President Obama’s recently announced Digital Strategy to provide federal employees and the general public with greater access to government information and services. The creation of this app is also consistent with the Census Bureau’s longtime mission of providing accurate statistics about the nation’s growth and changes using 21st century technology to make that information available more quickly and easily.
“The America’s Economy app will empower anyone needing information about the U.S. economy with timely statistics right on their mobile devices,” said Census Bureau Director Robert Groves. “The release of this app is an example of our commitment to giving taxpayers faster and easier access to the statistics we produce, including the Economic Census, that impact the lives of all Americans.”
The following 16 key economic indicators will be available as part of the initial release of the app:
Census Bureau
• Advance Monthly Retail Sales
• New Residential Construction
• New Residential Sales
• Construction Spending
• International Trade
• Advance Report Durable Goods
• Business Inventories
• Manufacturers’ Goods
• Monthly Wholesale
• Homeownership Rate
• Quarterly Services Survey
• QFR – Retail Trade
• QFR – Manufacturing
Bureau of Economic Analysis:
• Gross Domestic Product
• Personal Income and Outlays
Bureau of Labor Statistics:
• Unemployment Rate
Users will be able to set alerts to receive notifications when economic indicators are updated. They can also add statistical release schedules to their personal calendars. When each indicator is released, users can also share the news on both Facebook and Twitter.
America’s Economy is available now for Android users and is expected be available for Apple smartphone and tablet users in the Apple App Store in the coming weeks. America’s Economy is the first of three planned apps from the Census Bureau that will be made available over the next several months. Each app will be available for Apple and Android smartphones.
Learn more about the economic data produced by the Census Bureau, the Bureau of Economic Analysis and the Bureau of Labor Statistics produces.

Monday, April 2, 2012

State Personal Income 2011

State personal income rose an average 5.1 percent in 2011 after rising 3.7 percent in 2010, according to estimates released today by the U.S. Bureau of Economic Analysis. State personal income growth ranged from 3.4 percent in Maine to 8.1 percent in North Dakota.

Monday, May 2, 2011

Advance GDP by Industry Statistics for 2010

Durable-goods manufacturing and retail trade were among the leading contributors to the upturn in U.S. economic growth in 2010, according to preliminary statistics on the breakout of real gross domestic product (GDP) by industry from the Bureau of Economic Analysis. The economic recovery was widespread: 20 of 22 industry groups contributed to real GDP growth.

MORE HERE.