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How to Apply for Assistance

Writing a Winning Grant Proposal

Understanding the Federal Program Descriptions




Content provided by the Catalog of Federal Domestic Assistance
11.025 Measures and Analyses of the U.S. Economy

FEDERAL AGENCY:

BUREAU OF ECONOMIC ANALYSIS, ECONOMICS AND STATISTICS ADMINISTRATION, DEPARTMENT OF COMMERCE

AUTHORIZATION:

15 U.S.C. 171 et seq., Chapter 5, 1516, 22 U.S.C. 286f, 3101 et seq., Chapter 46.
OBJECTIVES: Need help understanding this page?
To produce and disseminate accurate, timely, relevant, and cost-effective economic accounts statistics that provide government, businesses, households, and individuals with a comprehensive, up-to-date picture of economic activity. BEA's national, regional, and international economic accounts present basic information on such key issues as U.S. economic growth, regional economic development, and the Nation's position in the world economy. The principal statistics prepared by BEA include gross domestic product (GDP), corporate profits, personal income by State and region, U.S. balance of payments, international trade, and GDP by industry.

TYPES OF ASSISTANCE:

Dissemination of Technical Information.
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USES AND USE RESTRICTIONS:

The measures and analyses produced by BEA are used in the formulation and execution of fiscal, financial, international, and other policies related to the major economic goals of the Nation. Businesses plan production, price, and investment programs with the aid of the information provided by BEA. This information also is essential for economic decision-making by State and local governments, labor, other economic groups, and by individuals who need a better orientation in an increasingly complex economic world. In addition, teaching and research programs at universities and research organizations rely on the information provided.

ELIGIBILITY REQUIREMENTS:

Applicant Eligibility:   Any business, public official, civic organization, or private citizen may request information in person, by letter, by telephone, or by e-mail.

Beneficiary Eligibility:   Any business, public official, civic organization, or private citizen may request information in person, by letter, by telephone, or by e-mail.

Credentials/Documentation:   None.

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APPLICATION AND AWARD PROCESS:
Pre-application Coordination:   Not applicable. This program is excluded from coverage under E.O. 12372.

Application Procedure:   Not applicable.

Award Procedure:   Not applicable.

Deadlines:   Not applicable.

Range of Approval/Disapproval Time:   Not applicable.

Appeals:   Not applicable.

Renewals:   Not applicable.

ASSISTANCE CONSIDERATIONS:

Formula and Matching Requirements:   Not applicable.

Length and Time Phasing of Assistance:   Not applicable.

POST ASSISTANCE REQUIREMENTS:

Reports:   Not applicable.

Audits:   Not applicable.

Records:   Not applicable.

FINANCIAL INFORMATION:

Account Identification:   13-1500-0-1-376.

Obligations:   (Salaries and expenses) FY 02 $56,578,000; FY 03 est $66,961,000; and FY 04 est $80,540,000.

Range and Average of Financial Assistance:   Not applicable.

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PROGRAM ACCOMPLISHMENTS:
Many of BEA's principal accomplishments in fiscal year 2002 were outlined in the following articles published in the Survey of Current Business, BEA's monthly journal of record. In January 2002, "Reliability of GDP and Related NIPA Estimates" presented results of a study that determined BEA's quarterly estimates of real GDP are reliable indicators of whether the economy is expanding or contracting; accelerating or decelerating, and whether the economy is growing at rates above, near, or below the long-term trend. In April, "Alternative Measures of Personal Savings" looked at the two-decade downtrend in the NIPA measure of the personal saving rate that has raised questions about the adequacy of savings to fund capital accumulation or the retirement of the baby boom generation, and determined concerns about retirement preparedness should be viewed within the broader context of household wealth. In May, "BEA's Strategic Plan for 2001-2005" reported on the plan that outlines the major focus of the Bureau's work over the next several years. In June 2001,"Gross Domestic Product by Industry: A Progress Report on Accelerated Estimates" examined BEA's development of a prototype methodology for preparing estimates of GDP by industry on an accelerated schedule. The accelerated estimates would be released in April 4, months after the end of the reference year and 7 months ahead of the release of the regular annual estimates in November. In October, the "Customer Service Report for Fiscal Year 2002" outlined many steps taken in the fiscal year to improve services to all of the Bureau's customers. In addition, BEA staff regularly present papers at semi-annual meetings of the BEA Advisory Committee. Full texts and abstracts are available on BEA's website at www.bea.gov/bea/papers.htm.

REGULATIONS, GUIDELINES, AND LITERATURE:

BEA's estimates are available on the BEA Website at www.bea.doc.gov, in publications, and on diskettes and CD-ROMs. BEA's products are described in the Catalog of Products, which is available from the BEA Public Information Office and on the BEA Website. For more information on the availability of BEA's products, call the BEA Order Desk at 1-800-704-0415; from outside the United States, call 202-606-9666. The Survey of Current Business, BEA's monthly journal, presents summary estimates and analyses of U.S. economic activity. The Survey is available by subscription from the Superintendent of Documents, U.S. Government Printing Office (GPO): List ID SCUB, price $49.00 per year (domestic second-class mail), $61.25 (foreign second-class mail), or $95.00 (domestic first-class mail); single copy price $25.00 (domestic) or $31.25 (foreign). Foreign airmail delivery rates are available upon request from GPO. To order using Visa, MasterCard, or a GPO deposit account, call 202-512-1800 or fax 202-512-2250. To order by mail, send a check payable to "Superintendent of Documents" to Superintendent of Documents, P.O. Box 371954, Pittsburgh, PA 15250-7954. To order on-line, go to the GPO Website at www.gpo.gov/su_docs/sale.html. BEA's estimates also are available on-line by subscription through STAT-USA Internet at www.stat-usa.gov. For more information, call STAT-USA at 1-800-782-8872; from outside the United States, call 202-482-1986.

INFORMATION CONTACTS:

Regional or Local Office:   Not applicable.

Headquarters Office:   Public Information Office, Bureau of Economic Analysis, Department of Commerce, 1441 L St., NW., BE-53, Washington, DC 20230. Telephone: 202-606-9900. TDD: 202-606-5335. E-mail: webmaster@bea.gov. FTS is not available.

Web Site Address:   http://www.bea.gov

EXAMPLES OF FUNDED PROJECTS:

Not applicable.

CRITERIA FOR SELECTING PROPOSALS:

Not applicable.

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