Tag: BEA

  • Federal Partners Panel: An Update from Agency Leaders

    Dr. Mary Bohman, Acting Director and Deputy Director of the Bureau of Economic Analysis (BEA), Dr. William Beach, Commissioner of the U.S. Bureau of Labor Statistics (BLS), and Dr. Ron Jarmin, Acting Director of the U.S. Census Bureau, gathered at the 61st Annual C2ER Conference and LMI Institute Forum’s Federal Partners Panel event to discuss the current work of their respective agencies, new innovations in data collection and dissemination, and the future of work and data-driven economic and workforce development.

    Dr. Bohman, Dr. Beach, and Dr. Jarmin recognize the need for granular and timely data. Dr. Bohman stated that BEA is prioritizing the expansion of state and local data, high-quality statistics and data, and meeting user needs by providing disaggregated data, and additional product, geographic, and industry data. BEA is also phasing out data collection by mail and instead focusing on text and email survey response data collection methods, as well as purchasing data from private companies.

    Dr. Jarmin, with the U.S. Census Bureau, also spoke to a need for innovative data collection methods. “I think all three agencies (U.S. Census Bureau, BEA, and BLS) are involved in new ways to look at new sources of data… [including] additional administrative data and private data sources,” said Dr. Jarmin. Other priorities at the U.S. Census Bureau include adding new content relating to changes in labor market and productivity and creating products that meet the needs of non-traditional data users.

    “I hope everyone knows the future of our work is more granular, more frequent, and [involving the use of] new data sources,” Dr. Beach stated during the event. To that end, BLS, according to Dr. Beach, is focusing on new and innovative data collection methods, such as utilizing Unemployment Insurance (UI) data from states. Dr. Beach speculated there would likely be UI reform efforts at the state policy level or in Congress and perhaps some future opportunities for utilizing UI data in a collaborative effort between BLS and state government agencies.

    Changes in Data Products by U.S. Census, BLS, and BEA

    Pulse Surveys by the U.S. Census Bureau might not be a permanent product, says Dr. Jarmin, as the data collection is burdensome to users. But while the Pulse Surveys may be impractical in the long term, Dr. Jarmin stated the U.S. Census Bureau is committed to quickly designing and implementing novel and helpful surveys during times of emergency—as the agency did with the Pulse Surveys during the COVID-19 crisis. In other news, the U.S. Census Bureau will also begin collecting data on state marijuana tax revenue collected by states where marijuana is legalized.

    For BLS, new data product updates include the release of monthly data from the Job Openings and Labor Turnover Survey (JOLTS), where users can find experimental estimates for all 50 states and the District of Columbia for the total nonfarm level job openings, hires, and separations. The first round of JOLTS monthly data was released in June of 2021. And finally, Dr. Bohman announced that BEA, for the first time, will release official statistics of real personal consumption expenditures beginning on December 14, 2021.

    Overall, leadership from the U.S. Census Bureau, BLS, and BEA emphasized their commitment to finding innovative data collection and infrastructure methods to provide fast, specific, and disaggregated data to assist local and state applied workforce and economic development researchers.

  • Highlights of C2ER / Bureau of Economic Analysis Data Focus Group

    focus-groupThe Council for Community and  Economic Research organized a teleconference-style focus group on March 11, 2015, to learn more about our members’ most commonly-used data sources and to gather recommendations for future products for the U.S. Bureau of Economic Analysis (BEA).

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  • C2ER Attends SelectUSA Summer Forum

    C2ER Attends SelectUSA Summer Forum

    C2ER staffer Wen Sun attended the SelectUSA Summer Forum  held in Washington, DC on June 17th, where Secretary of Commerce Penny Pritzker unveiled the newly designed Access Costs Everywhere (ACE) framework, one of the U.S. Department of Commerce (DOC)’s tools to assist manufacturers and other businesses investing in the United States. Secretary Pritzker also discussed the Department’s investments in a wide array of other initiatives, including the newly launched U.S. Cluster Mapping tool. (more…)

  • BEA to restore LAPI program

    BEA to restore LAPI program

    The Bureau of Economic Analysis (BEA) has announced that it will  restore a portion of statistical detail to its Local Area Personal Income (LAPI) program.  (more…)