---
title: "Bureau of Economic Analysis Definition | Model Diplomat"
description: "The Bureau of Economic Analysis is a U.S. agency that produces key economic measures, including Gross Domestic Product, vital for policy research."
url: "https://modeldiplomat.com/learn/glossary/bureau-of-economic-analysis"
---

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Model Diplomat Research Team · Last reviewed June 22, 2026

TL;DR

- The Bureau of Economic Analysis is a U.
- S.
- Which U.S. agency produces GDP, and which department does it belong to?
- How does the BEA differ from the Bureau of Labor Statistics?
- Why does the Federal Reserve prefer the BEA's PCE price index over the CPI?

[Civil Service & Diplomatic Exams](https://modeldiplomat.com/learn/civil-services/glossary)Updated June 22, 2026

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