Friday, August 19, 2011

Overview of the U.S. Economy

Did you ever wish you could get a quick, concise overview of the current status of the U.S. economy? If so, the Bureau of Economic Analysis (BEA) has a Website you just have to see. The BEA's "Enhanced Overview of the U.S. Economy" provides a summary of the Nation’s economy with easy to read highlights and graphs of major economic statistics, making them more accessible to even casual data users.
The overview also includes news releases and articles that summarize gross domestic product, personal income, balance of payments and other economic indicators. Using color-coding, the new format makes data tables more accessible than before and provides easier downloading and printing from the Website.
Each of BEA’s four accounts — national, industry, international and regional — are presented on the page and feature links to more detailed information about the key economic indicators that BEA produces. Highlights provide a synopsis for every economic indicator, creating a one-stop reference for data users looking for quick, accurate information.
"BEA is working hard to improve America’s access to economic data," said BEA Deputy Director Rosemary Marcuss, in a BEA press release "These data play an important role in helping the Nation chart its economic course."
BEA is an agency of the U.S. Department of Commerce. To present a better understanding of U.S. economic activity, it provides timely, relevant, and accurate economic data. BEA produces economic statistics that enable government and business decision-makers, researchers, and the American public to follow and understand the performance of the Nation's economy.

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