Bureau of Economic Analysis (BEA)

Money Moves

Publishes the GDP figures used as the ratio's denominator

At the end of September 2026, the federal government owed the public about $32.4 trillion. Over the same 12 months, the economy produced roughly $32.2 trillion, so the debt was larger than the economy for the first time since 1946.

Updated 5 days ago

Rule Changes

Reported September PCE inflation at 0.5% monthly and 3.6% annual on October 29

Wholesale prices jumped 1.3% in September, the biggest monthly gain since March 2022, as gasoline rose 20.3% during the US-Israeli war with Iran. Producer prices were 6.3% higher than a year earlier, the fastest pace since December 2022.

Updated Nov 1

Money Moves

Released advance estimate showing 3.4% third-quarter growth on October 29

US economic growth accelerated to a 3.4% annual rate in the third quarter, the Commerce Department said October 29, up from 2.2% in the second. Consumer spending rose 3.8% and business spending on equipment jumped 20.9%, led by computers and other gear for AI data centers.

Updated Oct 30

Money Moves

As of May 2026: Publisher of the Q1 2026 advance GDP estimate and Personal Income and Outlays report

The Bureau of Economic Analysis released its first estimate of US economic growth for the first three months of 2026 at 8:30 a.m. Eastern, alongside the Federal Reserve's preferred inflation gauge. Forecasters diverged more than at any point in the cycle: Atlanta Fed's real-time nowcast is 1.2% annualized, traders on the prediction market Polymarket predicted 2.0%-3.0%.

Updated May 31

Money Moves

As of May 2026: Released delayed Q4 GDP report; subsequent releases also rescheduled

The United States economy grew at an annualized rate of just 1.4% in the final quarter of 2025—a steep drop from 4.4% the quarter before and well below the 2.5% that forecasters expected. The Bureau of Economic Analysis (BEA) estimates that the 43-day government shutdown, the longest in American history, subtracted roughly one full percentage point from growth by itself. Federal spending fell at a 16.6% annualized rate during the quarter, dragging headline output down by more than a percentage point even as consumer spending and business investment continued to expand.

Updated May 29