Current Economic Statistics

What this funds

The Census Bureau's Economic Statistics programs provide timely, accurate, and essential data on the structure and performance of the U.S. economy, supporting the Gross Domestic Product (GDP) estimation, fiscal and monetary policymaking, and private sector decision-making. FY through integration of administrative and third-party data, open-source technologies, cloud-based processing, and streamlined data collection to enhance efficiency, reduce burden, and increase data usage. The Census Bureau's Economic Statistics programs produce critical monthly, quarterly, and annual measures that capture the structure, performance, and evolution of the U.S. economy. These programs support the full survey/data lifecycle including sampling and data collection and public programs. The programs also support transformation efforts by integrating administrative and commercial data sources, implementing open-source technologies, and expanding cloud-based operations to improve efficiency, reduce burden, and ensure the continued relevance and timeliness of official economic statistics. performance of the U.S. economy. These data support the development of key national economic indicators, inform public and private decision- making, influence global markets, serve as critical inputs to the estimation of Gross Domestic Product (GDP) and the formulation of monetary and fiscal The Business Statistics programs, which include the Current Retail, Wholesale, and Service Trade Reports, measure the economic activity of the distribution and service trade sectors in the United States. These programs are the primary source of up-to-date facts on the structure and functioning of the distributive trades and service sectors of the economy. Additional information about these programs may be found at the following websites: national, state and regional performance indicators for the construction sector of the economy. The programs cover activities, such as residential building permit authorizations, housing starts, new home sales, characteristics and prices of new housing, and value of construction put in place. The data from the construction statistics programs supplement the data collected in the Economic Census. Additional information about these programs may be found at the following websites: The Manufacturing Statistics programs measure the performance of the U.S. manufacturing sector, as well as the investment behavior of all U.S. businesses. These programs also measure annual capital expenditures for structures, equipment, information and communication technology, and Additional information about these programs may be found at the following websites: The Census Bureau and U.S. Bureau of Economic Analysis (BEA) will continue working together to increase the accuracy and timeliness of a

Extracted from Census Bureau, p. 12. Verbatim; nothing here is paraphrased.

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