BEA Full Form – Bureau of Economic Analysis

Full Form of BEA

The full form of BEA is the Bureau of Economic Analysis.

BEABureau of Economic Analysis
CategoryAssociations & agency
RegionUnited States

What is BEA

The Bureau of Economic Analysis (BEA) of the US Department of Commerce is an agency of the US government that provides official macroeconomic and industry statistics, primarily reports on the gross domestic product (GDP) of the United States. The United States and its various units: states, cities / towns / municipalities / villages / counties, and metropolitan areas. They also provide information on personal income, corporate earnings, and government spending in their National Income and Product Accounts (NIPA).

It is a division of the US Federal Government Department of Commerce that is responsible for the analysis and reporting of economic data used to confirm and predict economic trends and business cycles. . BEA reports heavily influence government economic policy decisions, investment activity in the private sector, and buying and selling patterns on global stock markets.

All About BEA

  • Stabilised – January 1, 1972; 49 years ago
  • proceding agency – Office of Business Economics
  • headquarters – Suitland, MD
  • employees – 500
  • Annual budget – $97 million (2018)
  • agency executive – Mary Bohman (acting), Director
  • parent department – US. Department of Commerce
  • website – https://www.bea.gov/

Find Useful Terms and Definitions which we use in daily life but we do not know their full name meaning, Here’s a list of important abbreviations that you should know.

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