bureau of economic analysis

One big driver of those increases: data center construction.

Methodology changes to PCE are coming right as the central bank makes critical decisions about interest rates.

Stripping out the cost of imported energy, imports are about 4.5% more expensive than at the same time last year.

“It leaves some things out, but it is a very good gauge of the health of an economy,” said Allison Schrager, senior fellow at the Manhattan Institute and columnist at Bloomberg Opinion.

The Bureau of Economic Analysis makes adjustments to inflation estimates regularly, but it comes at a time when the BEA is under budgetary stress.

All of the spending on the AI infrastructure buildout is contributing to economic growth. But that kind of investment won’t necessarily support the broader economy over the long-run.

The decline of a statistic known as personal income excluding transfers is seen as one indicator of a recession.

Kai Ryssdal breaks down why final sales to private domestic purchasers — a mouthful, yes — is a better read on where the economy is headed.

GDP rose at an annual rate of 2% from January to March, according to data out today from the Bureau of Economic Analysis. A big reason why: investment in AI.

Without official GDP data due to the shutdown, the nation’s economic growth for the third quarter is unclear.