The BEA uses multiple sources for its reports on GDP...check it out...

| Register

The BEA uses multiple sources for its reports on GDP...check it out...

Author: TyroneIrish (20897 Posts - Joined: Oct 8, 2020)

Posted at 3:36 pm on Jun 2, 2025

View All

...about BEA Methodology...
-------------------
The BEA uses a variety of data sources, including those from government agencies, other BEA accounts, and private companies, to produce a GDP forecast. These sources include monthly or quarterly data, trend-based data, and indicators. The most common sources are "monthly or quarterly data" and "monthly and trend-based data," which together account for about 75% of the data used for advance estimates, according to a BEA paper.
-------------------

Link: https://www.bea.gov/resources/methodologies

This message has been edited 1 time(s).

Replies to: "The BEA uses multiple sources for its reports on GDP...check it out..."

The Atlanta Fed currently projects 4.6% GDP growth in 2Q of 2025, [LINK] - Cole - 1:55pm 6/2/25 (24) [View All]
- Perhaps one image will save a thousand posts... [NT] [IMAGE] - TyroneIrish - 4:22pm 6/2/25
  - That's a pretty stupid way to visualize that data. - iairishcheeks - 4:52pm 6/2/25
    - Can you cite any errors? [NT] - TyroneIrish - 6:39pm 6/2/25
      - Of course not, that would require critical thought which we all know MAGA is incapable [NT] - Death - 10:35pm 6/2/25
      - Yes, an error in judgement on the visualization. - iairishcheeks - 6:43pm 6/2/25
        So , Cole’s citation was in the +2 sigma range while the mean was - TyroneIrish - 6:25am 6/3/25
- Let’s hope so. Maybe they’ll be right. - Chris94 - 4:20pm 6/2/25
- We'll have to wait and see...but based on other estimates... - TyroneIrish - 2:24pm 6/2/25
  - Read my post dummy. I said Q1GDP contracted because Trump reduced government spending. - Cole - 2:51pm 6/2/25
    - It’s worthless, the dude still thinks Biden is coherent [NT] - Frankx - 3:51pm 6/2/25
      - Is the Philadelphia Fed not credible? [NT] - TyroneIrish - 4:11pm 6/2/25
    - There’s obviously more than one forecast…next time don’t just Cherry Pick. [NT] - TyroneIrish - 3:01pm 6/2/25
      - Oh boy.... [NT] - jakers - 3:29pm 6/2/25
        From the Philadelphia Fed (attached)... [LINK] - TyroneIrish - 4:05pm 6/2/25
      - Irony [NT] - irish93 - 3:20pm 6/2/25
        The BEA uses multiple sources for its reports on GDP...check it out... [LINK] - TyroneIrish - 3:36pm 6/2/25
        You telling people not to cherry pick is precious [NT] - irish93 - 4:12pm 6/2/25
- The people that sell yachts must be extra excited about this. [NT] - iairishcheeks - 2:08pm 6/2/25
- Trump's TACO crew are excited for any news that looks promising, but full context from the page - Quest4twelve - 1:58pm 6/2/25
  - Are you playing Tyrone this week? [NT] - iairishcheeks - 2:09pm 6/2/25
    - Wrong poster Checkers. Cole is playing the role you attribute to Ty. [NT] - Frank L - 2:36pm 6/2/25