Bureau of Economic Analysis - BEA

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.

BREAKING DOWN '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. National Savings Rate

    An estimate from the U.S. Commerce Department's Bureau of Economic ...
  2. Bureau of Census

    A division of the federal government of the United States Bureau ...
  3. Corporate Profit

    A statistic reported quarterly by the Bureau of Economic Analysis ...
  4. Department of Commerce

    The cabinet department in the U.S. Government that deals with ...
  5. Bureau Of Public Debt

    An agency of the United States Department of the Treasury that ...
  6. Construction Spending

    An economic indicator that measures the amount of spending towards ...
Related Articles
  1. Mutual Funds & ETFs

    Introduction To Coincident And Lagging Economic Indicators

    Investors can learn a lot, or very little, from these indicators once they know how to use them.
  2. Retirement

    Economic Indicators: Trade Balance Report

    By Ryan Barnes Release Date: International Trade - around the 19th of the month Release Time: International Trade - 8:30am Eastern Standard Time ...
  3. Retirement

    Economic Indicators: Gross Domestic Product (GDP)

    By Ryan Barnes Release Date: Advance release: four weeks after quarter ends;Final release: three months after quarter ends Release Time: 8:30am ...
  4. Forex Education

    5 Reports That Affect The U.S. Dollar

    These five reports provide short- and long-term insight into the valuation of the U.S. dollar.
  5. Savings

    Top Ten US Economic Indicators

    We explain the most important economic indicators for the US economy.
  6. Forex

    Economic Basics

    Economic reports play a big part in the forex market
  7. Forex

    Economics

    A look at some of the more important economic indicators forex traders watch
  8. Active Trading

    Leading Economic Indicators Predict Market Trends

    Leading indicators help investors to predict and react to where the market is headed.
  9. Economics

    4 Stages Of The Economic Cycle

    Learn about the general outline of an economic cycle to determine which sector to invest in.
  10. Economics

    Explaining Limited Government

    Limited government is a political viewpoint that favors few, if any, government controls on individuals and the economy.
RELATED FAQS
  1. What does the Bureau of Labor Statistics do?

    By collecting, analyzing and reporting on important economic data, the Bureau of Labor Statistics has become a critical information ... Read Answer >>
  2. What data does the Bureau of Labor Statistics collect?

    Collected data includes unemployment numbers, inflation, prices, pay and benefits, time use of Americans, import/export numbers ... Read Answer >>
  3. What impact does economics have on government policy?

    Learn about the impact of economic conditions on government policy and understand how governments engineer economic conditions ... Read Answer >>
  4. How does the Federal Government track the business cycle?

    Learn more about the agencies used by the federal government to research business cycle changes and inform decisions about ... Read Answer >>
  5. How does the United States government measure economic growth?

    Find out how the Bureau of Labor Statistics and the Bureau of Economic Analysis measure economic growth in the United States ... Read Answer >>
  6. When do economists use GNP?

    Learn about the ways economists use GNP. Find out how the Bureau of Economic Analysis monitors U.S. economic performance ... Read Answer >>
Hot Definitions
  1. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  2. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  3. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  4. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  5. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
  6. DuPont Analysis

    A method of performance measurement that was started by the DuPont Corporation in the 1920s. With this method, assets are ...
Trading Center