The Bureau of Economic Analysis (BEA), a principal Federal statistical agency, seeks to promote a better understanding of the U.S. economy by providing the Nation with timely, relevant, and accurate economic data in an objective and cost-effective manner. BEA's national, industry, regional, and international economic accounts present basic information on key issues, such as U.S. economic growth, regional economic development, interindustry relationships, and the Nation's position in the world economy. Some of the widely used statistical measures produced by BEA include gross domestic product (GDP), personal income and outlays, corporate profits, gross state product, balance of payments, and GDP by industry. These statistics are used by Federal, state, and local governments for budget development and projections, the Federal Reserve for monetary policy, by the business sector for planning and investment purposes, and by the American public to follow and understand the performance of the Nation's economy. BEA's strategic vision is to remain the world's most respected producer of economic accounts.
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† No obligations reported in the Catalog of Federal Domestic Assistance