Survey of Current Business

TheSurvey of Current Business(SCB) is a monthly publication by theBureau of Economic Analysis(BEA) (a part of theUnited States Department of Commerce) that provides definitive information about the national economic accounts for theeconomy of the United Statesmaintained by the BEA.[1][2][3][4]

Survey of Current Business
FrequencyMonthly
First issueJuly 1921;103 years ago(1921-07)
CompanyBureau of Economic Analysis
CountryUnited States
LanguageEnglish
Websiteapps.bea.gov/scb/
ISSN0039-6222

History

edit

TheSurvey of Current Businesshas been published monthly since July 1921, then under the auspices of theBureau of the Census,Bureau of Foreign and Domestic Commerce,and theBureau of Standardsdivisions of the United States Department of Commerce.[5]Starting January 1994, the survey started publishing a table of contents online.[6]Commerce SecretaryHerbert Hooverexpected the regular publication of official economic data to help stabilize the economy by helping businesses make investment and operational decisions.Edwin GayandWesley Mitchellpublished frequently in theSCBas they developed the national economic accounts of the U.S.[7]

Starting February 2014, print publication of the Survey was ceased on account of low demand for the print publication as well as budgetary constraints.[6]

Past issues are available online at the BEA web site.[6]Archives of past issues are also available from other sources.[2][3]

Content

edit

Each issue of theSurvey of CurrentBusiness includes a list of regularly reported national data, industry data, international data, and regional data. In addition, each issue contains articles about topical issues such as recent government budgets or laws or other national and international developments.[6][8]

Data and charts related to the survey can be accessed online using the BEA's iTable feature.[9]Data and charts are linked to from the SCB's main page and archive pages.[6][8]

Reception

edit

TheSurvey of Current Businessis widely used by macroeconomists and financial analysts to understand the state of the US economy. The numbers reported in the SCB are often treated as standard values for reference purposes and are used to judge the accuracy of forecasts or other estimates. For instance, theLivingston Surveyrelies on the SCB for its quarterly variables of real non-residential fixed investment and corporate profit after taxes.[10]

See also

edit

References

edit
  1. ^"Survey of Current Business Online".RetrievedApril 17,2014.
  2. ^ab"Survey of Current Business".FRASER.RetrievedOctober 16,2014.
  3. ^ab"Survey of Current Business, and related publications by the BEA".Digitization Projects Registry,Federal Depository Library Program.RetrievedApril 17,2014.
  4. ^"Bureau of Economic Analysis: Survey of Current Business".Internet Scout,University of Wisconsin-Madison.RetrievedApril 17,2014.
  5. ^"Survey of Current Business"(PDF).Bureau of Economic Analysis.July 1, 1921.RetrievedApril 17,2014.
  6. ^abcde"Survey of Current Business Online: Archives".Bureau of Economic Analysis.RetrievedApril 17,2014.
  7. ^Andrew D. Reamer.The Origins of the Survey of Current Business.Survey of Current Business,Oct 2020
  8. ^ab"Survey of Current Business".Bureau of Economic Analysis.RetrievedApril 17,2014.
  9. ^"Interactive Data".Bureau of Economic Analysis.RetrievedApril 17,2014.
  10. ^"Livingston Survey: Data Sources and Descriptions"(PDF).RetrievedApril 17,2014.
edit