2nd October 2019

investopedia
8

WHO calculates the GDP in the US?

The U.S. government collects and compiles economic data through the Bureau of Labor Statistics, or BLS. Once the data is organized, it is used by the Bureau of Economic Analysis, or BEA, which is part of the Department of Commerce, to estimate the GDP and the national income.

What does the BEA do?

The Bureau of Economic Analysis (BEA) is an agency within the Department of Commerce's Economic and Statistics Administration, responsible for collecting and publishing economic data, research and analysis, and estimation methodologies.
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