New Statistics Show Distribution of Personal Income Within States ann.mcdonel Tue, 10/24/2023 - 09:01

Statistics for every state and the District of Columbia were added today to BEA’s prototype statistics on the distribution of U.S. personal income. This provides a new tool for assessing how households share in each state’s economic growth. 

For example, the share of state personal income received by the top 20 percent of households in 2021 ranged from lows of 43.1 percent in Maine and 43.7 percent in Maryland to highs of 53.8 percent in Connecticut and 54.1 percent in Wyoming, according to the prototype statistics.

Measures of Economic Well-Being Updated With Complementary Open-Source Notebook ann.mcdonel Tue, 10/24/2023 - 07:56

The Bureau of Economic Analysis updated its prototype measures of economic well-being and growth today and for the first time released open-source code that allows users to tailor the charts and tables to meet their needs. 

The prototype measures package some of BEA’s headline statistics with data from other statistical agencies to spotlight trends in well-being and the drivers of economic growth.

New Platform Helps Researchers Apply to Use BEA Microdata ann.mcdonel Mon, 02/13/2023 - 13:42

Researchers interested in using BEA’s confidential microdata now have new resources for discovering the data and applying for access for their research projects.

The Bureau of Economic Analysis and other federal statistical agencies worked together to create a standard application process for the agencies’ restricted-use data, including BEA’s confidential, company-specific international trade and investment data

Innovation at BEA: Data Projects in 2021 frederick.poole Fri, 01/15/2021 - 13:30

The Bureau of Economic Analysis continually explores the development of new statistics as part of its mission to provide Americans with a timely, accurate, and in-depth understanding of the changing U.S. economy. We’re working on innovations that are leading to expanded data in several areas.