Bureau of Economic Analysis (USA)

The Bureau of Economic Analysis (BEA) is a division of the U.S. Department of Commerce that provides essential information about the American economy. It prepares key economic data, such as Gross Domestic Product (GDP), trade balances, and consumer spending, which help policymakers, businesses, and the public understand economic trends. By analyzing and reporting this data, the BEA plays a vital role in guiding economic decisions and shaping policies that affect everyday life. Its reports are influential in assessing the health of the economy and making forecasts for future economic performance.