Agency overview | |
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Formed | January 1, 1972 |
Preceding agency |
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Headquarters | Washington, D.C. |
Employees | 500 |
Annual budget | $96.5 million (2013) |
Agency executive |
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Parent agency | Economics and Statistics Administration |
Website | www.bea.gov |
The Bureau of Economic Analysis (BEA) is a U.S. government agency that provides official macroeconomic and industry statistics including the gross domestic product of the United States.
BEA is part of the United States Department of Commerce and is one of the principal agencies of the U.S. Federal Statistical System. Its stated mission is to "promote a better understanding of the U.S. economy by providing the most timely, relevant, and accurate economic data in an objective and cost-effective manner".
BEA has about 500 employees and an annual budget of approximately $96.5 million.