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DOC/BEA Apps for Innovation

DOC/BEA Apps for Innovation. Challenging developers to look for innovative ways to utilize DOC and other publicly available data to help businesses identify opportunities, grow, enhance productivity and create jobs. April 26, 2012 Nicholas Empey. About BEA.

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DOC/BEA Apps for Innovation

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  1. DOC/BEA Apps for Innovation Challenging developers to look for innovative ways to utilize DOC and other publicly available data to help businesses identify opportunities, grow, enhance productivity and create jobs April 26, 2012 Nicholas Empey

  2. About BEA • BEA is one of the world’s leading statistical agencies • Key statistics produced include: • Gross domestic product (GDP) • Personal income and outlays • Balance of payments • Income and GDP by state and metropolitan area • GDP-by-industry

  3. How are BEA Estimates Used? • Policymaking • Academic research • Business decisions 3

  4. BEA Regional Data • Personal Income • (State, Metropolitan Area, County, Economic Area) • Gross Domestic Product • (State and Metropolitan Area) • RIMS Multipliers • (Custom Areas)

  5. Personal Income 5

  6. Expenditure Components of GDP (2011) GDP = C + I + G + X - M Consumption 71.1% Investment 12.7% Exports 13.8% Government 20.1% Imports 17.7% + + + - = GDP 6

  7. GDP by State

  8. Regional Data Availability • Regional data can be retrieved from the www.bea.gov site several ways: • RSS feed • .CSV files • BEARFacts • Interactive tables

  9. BEA.gov Home Page

  10. BEA.gov Home Page

  11. .CSV Downloads • Download complete data sets

  12. BEARFacts • Downloadable as .pdf files

  13. Interactive Tables • Interactive tables—the easiest way to access BEA data

  14. Interactive Tables • Easy to share

  15. Interactive Tables • Login feature allows users to save steps for creating complex tables

  16. Interactive Charts • Charts and maps can be saved as .png files

  17. Contact Information • Mike Kruger (Host) Director of Digital Strategy U.S. Department of Commerce mkruger@doc.gov, 202-482-2556 • Nicholas Empey (Presenter) Chief, Data and Administrative Systems Group Regional Economics Directorate, BEA nicholas.empey@bea.gov, 202-606-9762

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