These statistics build on previous estimates by incorporating new source data and improved methods and provide the space economy's contribution to gross domestic product, gross output, employment, and compensation by industry.
Territorial Economic Accounts for American Samoa, Guam, and the U.S. Virgin Islands: Estimates of GDP for 2021 and Estimates of GDP by Industry and Compensation by Industry for 2020
The latest economic trends in these three territories including the impact of the COVID–19 pandemic. Real GDP increased in Guam and the U.S. Virgin Islands, while it decreased in American Samoa.
Preview of the 2023 Comprehensive Update of the National Economic Accounts: Changes in Methods, Definitions, and Presentations
A look at the major changes in statistics, definitions, and presentations to be introduced as part of the upcoming update, which marks the first concurrent release of the benchmark supply and use tables and the comprehensive updates of BEA’s national, industry, and regional accounts.
BEA will introduce a new methodology for estimating state-level employment by U.S. businesses newly acquired by foreign investors.
Real GDP increased 1.3 percent in the first quarter of 2023, reflecting increases in consumer spending, exports, federal government spending, state and local government spending, and nonresidential fixed investment that were partly offset by decreases in private inventory investment and residential fixed investment.