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November 2015

BEA's New and Existing Statistics Offer Economic Intel for Entrepreneurs and Business Community

Bureau of Economic Analysis LogoWhat are consumer spending patterns in California compared to New York? Which states are attracting new foreign investment? How are different industries in each state performing on a quarterly basis? Those are just a few examples of the kinds of new statistics that the Bureau of Economic Analysis is producing to give entrepreneurs even more economic intelligence as they chart strategies on marketing, investing and hiring.

Taking a Look at Veterans Across America

For more information on veterans, please visit http://www.census.gov/topics/population/veterans.html

Veterans as a Percentage of the Civilian Population 18 Years and OlderAs we celebrate those who have served in the U.S. Armed Forces this Veterans Day, many Americans may want to learn more about the veterans who live in and around their area. Last week the Census Bureau released a series of infographics detailing characteristics of veterans within each state, the District of Columbia and Puerto Rico.

Industry in Focus: Finance and Insurance and More

This quarter, Industry in Focus is actually Industries in Focus. Beginning with this quarterly GDP by Industry release, we're delighted to introduce a new set of products—the Quarterly Underlying Detail Tables.  Previously, quarterly GDP by industry statistics were only available for 22 industries.  The new underlying detail tables provide the same data for 71 industries, allowing for even more in-depth analysis of economic trends.

Drilling into 'Fab' Metals

Recently, the Office of the Chief Economist (OCE) reported on fabricated metal product manufacturing as part of our series of manufacturing profiles examining what is made in America. Utilizing various fabrication processes, metals are manipulated to create intermediate or end products (excluding machinery, computers and electronics and metal furniture). Examples of fabrication (or "fab") include forging, stamping and welding metal. Shipments of fabricated metals totaled $345.1 billion, or 5.9 percent of all manufacturing shipments in 2013. The fabricated metals industry is the third largest employer (following transportation and food manufacturing) of all the manufacturing industries in the United States.

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