Bureau of Economic Analysis (BEA)

The Bureau of Economic Analysis (BEA) is a division of the U.S. Department of Commerce that provides essential information about the economy. It collects and analyzes data on economic activities, such as gross domestic product (GDP), trade, and consumer spending. This information helps businesses, policymakers, and researchers understand economic trends and make informed decisions. By producing reports and statistics, the BEA plays a crucial role in shaping economic policy and fostering economic growth in the United States.