Bureau of Economic Analysis - BEA

AAA

DEFINITION of 'Bureau of Economic Analysis - BEA'

A division of the U.S. federal government's Department of Commerce that is responsible for the analysis and reporting of economic data used to confirm and predict economic trends and business cycles. Reports from the Bureau of Economic Analysis are the foundation upon which many economic policy decisions are made by government, and many investment decisions are made in the private sector by companies and individual investors.

INVESTOPEDIA EXPLAINS 'Bureau of Economic Analysis - BEA'

Among the most influential statistics analyzed and reported by the BEA are the gross domestic product data and the balance of trade for the United States. The BEA uses data collected at local, state, federal and international levels. Furthermore, the BEA collects data on foreign direct and indirect investment in the U.S. and on individual industries that operate around the globe.

RELATED TERMS
  1. Business Cycle Indicators - BCI

    Composite of leading, lagging and coincident indexes created ...
  2. Composite Index of Leading Indicators

    An index published monthly by the Conference Board used to predict ...
  3. Composite Index of Coincident Indicators

    An index published by the Conference Board that is a broad-based ...
  4. Council of Economic Advisors - ...

    A panel of three noted economists who advise the president of ...
  5. Demographics

    Studies of a population based on factors such as age, race, sex, ...
  6. Consumer Confidence Index - CCI

    A survey by the Conference Board that measures how optimistic ...
Related Articles
  1. What Is Fiscal Policy?
    Economics

    What Is Fiscal Policy?

  2. Trading GDP Like A Currency Trader
    Forex Education

    Trading GDP Like A Currency Trader

  3. What Is The Balance Of Payments?
    Economics

    What Is The Balance Of Payments?

  4. What is GDP and why is it so important?
    Investing

    What is GDP and why is it so important?

comments powered by Disqus
Hot Definitions
  1. Last In, First Out - LIFO

    An asset-management and valuation method that assumes that assets produced or acquired last are the ones that are used, sold ...
  2. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  3. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  4. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  5. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  6. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
Trading Center