BEA BRIEFING: New Quarterly Gross Domestic Product by Industry Statistics

摘要

THE MOST RECENT recession and subsequent recovery have highlighted the need for more high-quality, "real-time" information on U.S. economic performance at the industry level. While the Bureau of Economic Analysis' (BEA) annual statistics on the breakout of gross domestic product (GDP) by industry can be used to describe the leading contributors to business cycle dynamics, these annual statistics are unable to provide a timely picture of the dynamic U.S. economy as it evolves on a real-time basis from quarter to quarter.