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BEA Economic AreasAligning Workforce & Economic InformationAssociation of Public Data Users APDU 2008 Annual Meeting The Brookings InstitutionWashington, DC
Duke TranRegional Product DivisionU.S. Bureau of Economic Analysis
2www.bea.gov
Presentation Overview
What are BEA Economic Areas?
Who uses them?
What is the plan for future redefinition?
Needs for new data sources
3www.bea.gov
U.S. Bureau of Economic Analysis
Mission: Promote a better understanding of the U.S.
economy by providing the most timely, relevant, and
accurate economic accounts data in an objective and cost-
effective manner
Role: The Nation’s economic accountant for National,
International, Industry, and Regional accounts
Products: GDP, Personal Income, Corporate Profits,
Balance of Payments, Input-Output Tables, Travel and
Tourism, etc.
4www.bea.gov
BEA’s Regional Accounts
Role: Provide users a consistent framework to
study detailed geographic distribution of U.S.
economic activity and growth nationwide
Products: GDP by State and Metropolitan Area
Personal Income by State and Local Areas
Economic Multipliers
BEA Economic Areas
5www.bea.gov
What Are BEA Economic Areas?
BEA Economic Areas define the relevant regional markets surrounding metropolitan areas
Each area consists of a central market area and surrounding counties that are economically related to the central area
Current set, redefined in 2004, 179 areas
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Geography Hierarchy
3,141 counties in the 2000 Census:
OMB’s definition: Core Based Statistical Areas (939)
Metropolitan Statistical Areas (363)
Micropolitan Statistical Areas (576)
Combined Statistical Areas (123)
BEA Economic Areas: Component Economic Areas (344)
BEA Economic Areas (179)
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Benefits of Using BEA EA’s
EAs provide a useful alternative geography
to metropolitan areas because EAs cover
all counties in the Nation
EA’s county aggregations are useful for
both research and production purposes
9www.bea.gov
Uses of BEA Economic Areas
BEA’s Regional program
Other Federal government agencies
Local and regional authorities
Private and academic researchers
10www.bea.gov
The Challenge ─ Data Availability
Availability: Elimination of the long form in
the 2010 Census
Alternative sources:
American Community Survey
Local Employment Dynamics
11www.bea.gov
American Community Survey (ACS)
Replacing long form in the decennial
censuses:
Availability
Geographies
Using ACS to redefine BEA EAs:
Benefits
Challenges
12www.bea.gov
Local Employment Dynamics (LED)
What is Local Employment Dynamics?
LED’s tools and datasets
LED’s data characteristics
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LED’s Benefits / Issues
BENEFITS
Current
Population vs.
sample
Integrated and
consistent
Linkages to other
data
ISSUES
LED employment
data exclusions
LED not yet national
in scope.
LED partnership
14www.bea.gov
Next Steps
Compare results from the new data sources
Prepare analysis to address: ACS & LED strengths and weaknesses Geographic details Commuting home-to-work Socioeconomic characteristics Annual and multi-year data summaries
15www.bea.gov
More Information, Questions?
Duke TranRegional Product Division
U.S. Bureau of Economic Analysis
Washington, DC 20230
202.606.9230
Duke TranRegional Product Division
U.S. Bureau of Economic Analysis
Washington, DC 20230
202.606.9230