Economic Indicators

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"Issued by the Office of Management and Budget (OMB), the Budget of the United States Government is a collection of documents that contains the budget message of the President, information about the President's budget proposals for a given fiscal year, and other budgetary publications that have been issued throughout the fiscal year. Other related and supporting budget publications, such as the Economic Report of the President, are included, which may vary from year to year." from web site

Budget documents from 1997 and forward are available from this site.

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BEA is an agency of the Department of Commerce. Along with the Census Bureau and STAT-USA, BEA is part of the Department's Economics and Statistics Administration.

BEA produces economic accounts statistics that enable government and business decision-makers, researchers, and the American public to follow and understand the performance of the Nation's economy. To do this, BEA collects source data, conducts research and analysis, develops and implements estimation methodologies, and disseminates statistics to the public.

BEA is one of the world's leading statistical agencies. Although it is a relatively small agency, BEA produces some of the most closely watched economic statistics that influence the decisions made by government officials, business people, households, and individuals. BEA's economic statistics, which provide a comprehensive, up-to-date picture of the U.S. economy, are key ingredients in critical decisions affecting monetary policy, tax and budget projections, and business investment plans. The cornerstone of BEA's statistics is the national income and product accounts (NIPAs), which feature the estimates of gross domestic product (GDP) and related measures.

The GDP was recognized by the Department of Commerce as its greatest achievement of the 20th century and has been ranked as one of the three most influential measures that affect U.S. financial markets. Since the NIPAs were first developed in the aftermath of the Great Depression, BEA has developed and extended its estimates to cover a wide range of economic activities.

Today, BEA prepares national, regional, industry, and international accounts that present essential information on such key issues as economic growth, regional economic development, interindustry relationships, and the Nation's position in the world economy." from web page

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The U.S. Census Bureau compiles economic indicators that include the following:

  • Monthly Wholesale Trade: Sales and Inventories
  • Manufacturers' Shipments, Inventories, and Orders
  • Construction Spending
  • New Home Sales
  • Advance Report on Durable Goods Manufacturers' Shipments, Inventories, and Orders
  • Housing Starts/Building Permits
  • Manufacturing and Trade Inventories and Sales
  • Advance Monthly Sales for Retail and Food Services
  • U.S. International Trade in Goods and Services
  • Quarterly Financial Report - Retail Trade
  • Quarterly Services Survey
  • Quarterly Financial Report - Manufacturing, Mining and Trade
  • Housing Vacancies and Homeownership

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"CBO's mandate is to provide the Congress with:

  • Objective, nonpartisan, and timely analyses to aid in economic and budgetary decisions on the wide array of programs covered by the federal budget and
  • The information and estimates required for the Congressional budget process." from web site

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Data.gov is a new search and access portal for data sets from the U.S. government.

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"Available from April 1995 forward, this monthly compilation is prepared for the Joint Economic Committee by the Council of Economic Advisors and provides economic information on prices, wages, production, business activity, purchasing power, credit, money and Federal finance." from web site

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"OMB's predominant mission is to assist the President in overseeing the preparation of the federal budget and to supervise its administration in Executive Branch agencies. In helping to formulate the President's spending plans, OMB evaluates the effectiveness of agency programs, policies, and procedures, assesses competing funding demands among agencies, and sets funding priorities. OMB ensures that agency reports, rules, testimony, and proposed legislation are consistent with the President's Budget and with Administration policies.

In addition, OMB oversees and coordinates the Administration's procurement, financial management, information, and regulatory policies. In each of these areas, OMB's role is to help improve administrative management, to develop better performance measures and coordinating mechanisms, and to reduce any unnecessary burdens on the public." from web site

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"The Economics and Statistics Administration (ESA) releases 12 monthly and quarterly Principal Federal Economic Indicators collected by its constituent bureaus: the U.S. Census Bureau and the Bureau of Economic Analysis (BEA). Businesses rely heavily upon these indicators to make decisions every day. In their public comments, the Secretary and ESA’s Under Secretary and Chief Economist put the indicators into a national and global economic context." from web site

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"The Statistical Abstract of the United States, published since 1878, is the authoritative and comprehensive summary of statistics on the social, political, and economic organization of the United States.

Use the Abstract as a convenient volume for statistical reference, and as a guide to sources of more information both in print and on the Web.

Sources of data include the Census Bureau, Bureau of Labor Statistics, Bureau of Economic Analysis, and many other Federal agencies and private organizations." from the web site

The latest edition is available on the Web and in print at the Bierce Reference Desk. Some earlier editions are available on the Web, and most earlier editions are available in print in the Government Documents area.

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WDI Online is the premiere data source on the global economy. It contains statistical data for over 600 development indicators and time series data for over 200 countries and 18 country groups. Data includes social, economic, financial, natural resources, and environmental indicators. Results can be scaled, indexed against a particular year, viewed by percentage change, and charted.

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