View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

Recent years have seen many attempts to combine expenditure-side estimates of U.S. real output (GDE) growth with income-side estimates (GDI) to improve estimates of real GDP growth. We show how to incorporate information from multiple releases of noisy data to provide more precise estimates while avoiding some of the identifying assumptions required in earlier work. This relies on a new insight: using multiple data releases allows us to distinguish news and noise measurement errors in situations where a single vintage does not. We find that (a) the data prefer averaging across multiple releases instead of discarding early releases in favor of later ones, and (b) that initial estimates of GDI are quite informative. Our new measure, GDP++, undergoes smaller revisions and tracks expenditure measures of GDP growth more closely than either the simple average of the expenditure and income measures published by the BEA or the GDP growth measure of Aruoba et al. published by the Federal Reserve Bank of Philadelphia.

Collected by the Bureau of Economic Analysis (BEA), personal consumption expenditures (PCE) is the primary measure of consumer spending on goods and services in the United States economy. It accounts for about two-thirds of domestic final spending, and thus it is the primary engine that drives future economic growth. PCE shows how much of the income earned by households is being spent on current consumption as opposed to how much is being saved for future consumption. PCE also provides a comprehensive measure of types of goods and services that are purchased by households. Thus, for example, it shows the portion of spending that is accounted for by discretionary items, such as motor vehicles, or the adjustments that consumers make to changes in prices, such as a sharp run-up in gasoline prices. Further, Personal Consumption Expenditures by Function contain classifications that identify the purposes of objectives for which expenditures are made. In the U.S. National Income and Product Accounts (NIPAs), functional breakdowns of expenditures are provided for PCE by Function. NIPAs are a set of accounts that provides a logical and consistent framework for presenting statistics on U.S. economic activity. See Chapter 2 of the NIPA Handbook for further details regarding PCE by Function and NIPAs. In addition, the PCE by Function features several spending categories of arts-related goods and services, including the following items: Membership clubs, sports centers, parks, theaters, and museums Amusements parks, campgrounds, and related recreational services Admissions to specified spectator amusements, such as motion picture theaters, live entertainment, and spectator sports Museums and libraries Sports and recreational goods and related services Sports and recreational vehicles Magazines, newspapers, books, and stationery Photographic goods and services The PCE estimates are available monthly, so they can provide an early indication of the course of economic activity in the current quarter. For example, the PCE estimates for January are released at the end of February, and the estimates for February are released at the end of March; the advance estimates of gross domestic product (GDP) for the first quarter are released at the end of April. The PCE estimates are an integral part of the NIPAs. Data for PCE by Function are available for years 1929-2014. To view expenditures by function on the BEA Web site, users are encouraged to go to Summary NIPA Tables from the Consumer Spending page. The Summary Tables are located under the Estimates tab. On the Summary NIPA Tables page, users can view the PCE by Function Tables 2.5.3., 2.5.4., 2.5.5., and 2.5.6. under "Section 2 - Personal Income and Outlays." Users can interact with the data and choose the years they wish to view (e.g. 1999-2013). Spreadsheets can be downloaded from the Download NIPA Tables page.

Graph and download economic data for Gross Domestic Product: Implicit Price Deflator (GDPDEF) from Q1 1947 to Q1 2025 about implicit price deflator, headline figure, inflation, GDP, and USA.

Graph and download economic data for Real gross domestic product per capita (A939RX0Q048SBEA) from Q1 1947 to Q1 2025 about per capita, real, GDP, and USA.

Bureau of Economic Analysis. Local Areas Personal Income and Employment: Farm Income and Expenses (CA45) | Line Code: CA45.130 | Finance Line Item: Government payments, 1969 - 2011. Data-Planet™ Statistical Datasets by Conquest Systems, Inc. Dataset-ID: 003-017-012 Dataset: Presents annual estimates of farm income and expenses for states and counties in the United States. Farm Income comprises the net income of sole proprietors, partners,and hired laborers arising directly from the current production of agricultural commodities, either livestock or crops. It includes net farm proprietors' income and the wages and salaries, pay-in-kind, and supplements to wages and salaries of hired farm laborers, but specifically excludes the income of farm corporations. Farm production expenses are expenditures incurred by farm operators in the production of agricultural commodities, including livestock and crops. The major categories of production expenses are intermediate product expenses, which provide inputs to the production process (feed, livestock and poultry, seed, fertilizer, etc.), labor expenses, and other expenses (interest, net rent paid to non-operator landlords, capital consumption, property taxes, etc.). Presents annual estimates of personal income and employment for states and counties in the Untied States. These estimates are developed as part of the Bureau of Economic Analysis Regional Economic Accounts program. Estimates of compensation and earning by industry and place of work indicate the economic activity of establishments within the local area. Estimates of personal income by place of residence provide a measure of fiscal capacity and an indicator of the economic well-being of the residents of an area. The county estimates of personal income are designed to be conceptually and statistically consistent with the national estimates of personal income in the National Income and Product Accounts (NIPA). Differences between the NIPA estimates and the regional accounts estimates are due to differences in coverage and timing of the availability of source data; eg, the NIPA measure of personal income is broader than county personal income. The state and county personal income and employment estimates are based primarily on administrative records data, and also use some survey and census data. Note that, effective with the November 21, 2013 release of BEA's LAPI statistics, the following statistical detail will not be updated or made available: 1) local area employment by industry; 2) statistics for "BEA Economic Areas"; 3) detailed statistics on personal current transfer receipts; and 4) detailed statistics on farm income and expenses. In addition, industry detail on compensation and earnings has been reduced from 108 industries to 25 industries. The impact of sequestration and reduced FY 2013 funding levels for the Bureau of Economic Analysis (BEA) have required reductions in the Bureau's local area personal income (LAPI) program. http://www.bea.gov/iTable/index_regional.cfm Category: Population and Income, Agriculture and Food Subject: Expenses, Agriculture, Personal Income, Farm Income Source: Bureau of Economic Analysis The Bureau of Economic Analysis (BEA) is part of the Department of Commerce Economics and Statistics Administration. BEA produces economic accounts statistics that enable government and business decisionmakers, researchers, and the public to follow and understand the performance of the United States economy. BEA economic statistics 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. 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. http://www.bea.gov/

Graph and download economic data for Gross Federal Debt as Percent of Gross Domestic Product (GFDGDPA188S) from 1939 to 2023 about gross, debt, federal, GDP, and USA.

Graph and download economic data for Federal Net Outlays as Percent of Gross Domestic Product (FYONGDA188S) from 1929 to 2024 about outlays, federal, Net, GDP, and USA.

Graph and download economic data for Gross Domestic Income (GDI) from Q1 1947 to Q1 2025 about GDI, income, GDP, and USA.

Graph and download economic data for Corporate Profits After Tax (without IVA and CCAdj) (CP) from Q1 1947 to Q1 2025 about CCADJ, IVA, corporate profits, tax, corporate, GDP, and USA.

Graph and download economic data for Gross National Product (GNP) from Q1 1947 to Q1 2025 about GNP, GDP, and USA.

Graph and download economic data for Gross Private Domestic Investment (GPDI) from Q1 1947 to Q1 2025 about investment, gross, domestic, private, GDP, and USA.

Graph and download economic data for Federal Government: Current Expenditures (FGEXPND) from Q1 1947 to Q1 2025 about expenditures, federal, government, GDP, and USA.

Graph and download economic data for Personal Saving Rate (PSAVERT) from Jan 1959 to May 2025 about savings, personal, rate, and USA.

Graph and download economic data for National income: Corporate profits before tax (without IVA and CCAdj) (A053RC1Q027SBEA) from Q1 1947 to Q1 2025 about national income, CCADJ, IVA, corporate profits, tax, corporate, income, GDP, and USA.

Graph and download economic data for Federal government current tax receipts (W006RC1Q027SBEA) from Q1 1947 to Q1 2025 about receipts, tax, federal, government, GDP, and USA.