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Economic indicators

We are the world’s most trusted, impartial source of comprehensive data about the U.S. economy. Every five years the Census Bureau conducts an Economic Census and Census of Governments, in addition to more than 100 other surveys conducted monthly, quarterly, or annually.

From these censuses and surveys 13 economic indicators are produced, serving as the foundation for gross domestic product (GDP). Produced by the Bureau of Economic Analysis, GDP data is ranked as one of the three most influential economic measures that affect U.S. financial markets.

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Outdoor Recreation Accounts for$460 Billion in U.S. GDP

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The following is a cross-post from the Bureau of Economic Analysis (BEA) The Bureau of Economic Analysis released statistics measuring the outdoor recreation economy for the nation, all 50 states, and the District of Columbia. The new U.S. data show that the outdoor recreation economy accounted for 2.1 percent ($459.8 billion) of current-dollar gross domestic product (GDP) for the nation in 2019...

Remarks by Commerce Secretary Wilbur L. Ross at the Tour and Roundtable with the Greater Fort Lauderdale Alliance and City Furniture in Tamarac, Florida

Speeches
Introduced by Andrew Koenig, President, City Furniture. Thank you, Andrew, for the kind introduction, for the wonderful tour, and for hosting us in your beautiful showroom. My thanks also to Bob Swindell for your leadership of the Greater Fort Lauderdale Alliance and for organizing today’s discussion. Your work on behalf of GFLA’s member companies ensures your communities and businesses remain...

Commerce Department Continues to Provide Up-to-Date Information on the Health of the American Economy

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Since the beginning of the COVID-19 pandemic in the U.S., it has been more important than ever to get the most up-to-date information on the health of the American economy. The U.S. Commerce Department plays a vital role in producing some of the most closely watched economic statistics that affect decisions made by policy makers, business leaders, and the American public. More than 100 surveys are...

Statement from U.S. Secretary of Commerce Wilbur Ross on Q1 2020 GDP Advance Estimate

Press releases
Today, the Department of Commerce’s Bureau of Economic Analysis (BEA) released the advance estimate for gross domestic product (GDP) for the first quarter of 2020, finding that real gross domestic product contracted at an annual rate of 4.8 percent. U.S. Secretary of Commerce Wilbur Ross issued the following statement in response: "Today’s GDP numbers are weak, but in line with expectations as a...

Commerce Department Offers Educational Resources for Students to Continue to Learn from Home

Blog
Ever wanted to take a virtual tour of the ocean, learn about the role of a hurricane hunter, or collect cards on famous inventors? Are you looking to educate your students about the importance of being counted in the 2020 Census? Kids across the country are home from school and teachers and parents are looking for educational resources to help kids stay connected and continue to learn. The...