Bureau of Economic Analysis in the context of "List of U.S. states and territories by GDP per capita"

An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. One application of economic indicators is the study of business cycles. Economic indicators include various indices, earnings reports, and economic summaries: for example, the unemployment rate, quits rate (quit rate in American English), housing starts, consumer price index (a measure for inflation), inverted yield curve, consumer leverage ratio, industrial production, bankruptcies, gross domestic product, broadband internet penetration, retail sales, price index, and changes in credit conditions.

The leading business cycle dating committee in the United States of America is the private National Bureau of Economic Research. The Bureau of Labor Statistics is the principal fact-finding agency for the U.S. government in the field of labor economics and statistics. Other producers of economic indicators includes the United States Census Bureau and United States Bureau of Economic Analysis.

The economy of Philadelphia encompasses the city of Philadelphia, the center of economic activity in both Pennsylvania and the four-state Delaware Valley metropolitan region of the United States. Philadelphia's close geographical and transportation connections to other large metropolitan economies along the East Coast of the United States have been cited as offering a significant competitive advantage for business creation and entrepreneurship. Five Fortune 500 companies are headquartered in the city. As of 2021, the Philadelphia metropolitan area was estimated to produce a gross metropolitan product (GMP) of US$479 billion, an increase from the $445 billion calculated by the Bureau of Economic Analysis for 2017, representing the ninth largest U.S. metropolitan economy. Philadelphia was rated by the GaWC as a 'Beta' city in its 2016 ranking of world cities.

Philadelphia has shifted to an information technology and service-based economy. Philadelphia and the Delaware Valley are a biotechnology hub. As of 2023, metropolitan Philadelphia had entered the ranks of the top five U.S. venture capital centers, facilitated by its proximity to New York City and its entrepreneurial and financial ecosystems. Financial activities account for the largest sector of the metro economy, and it is one of the largest health education and research centers in the United States. The city is also home to the Philadelphia Stock Exchange, owned by Nasdaq. Philadelphia's history attracts many tourists, with the Liberty Bell receiving over 2 million visitors in 2010.

The 1973–1975 recession or 1970s recession was a period of economic stagnation in much of the Western world (i.e. the United States, Canada, Western Europe, Australia, and New Zealand) during the 1970s, putting an end to the overall post–World War II economic expansion. It differed from many previous recessions by involving stagflation, in which high unemployment and high inflation existed simultaneously.

Somerset County is a county located in the north-central part of the U.S. state of New Jersey. As of the 2020 census, the county was the state's 13th-most-populous county, with a population of 345,361, its highest decennial count ever and an increase of 21,917 (+6.8%) from the 2010 census count of 323,444. Somerset County constitutes part of the New York metropolitan area. Its county seat is Somerville. The most populous place in the county was Franklin Township, with 68,364 residents at the time of the 2020 census, while Hillsborough Township, with 55.00 square miles (142.4 km), covered the largest total area of any municipality. The county is part of the Central Jersey region of the state.

In 2015, Somerset County had a per capita personal income of $86,468, the second highest in New Jersey and ranked 25th of 3,113 counties in the United States. Somerset County, as of the 2000 Census, was the seventh wealthiest county in the United States by median household income at $76,933 (third in New Jersey behind Hunterdon County at $79,888 and Morris County at $77,340), fourth in median family income at $90,655 (second in New Jersey behind Hunterdon County at $91,050) and ranked seventh by per capita income at $37,970 (highest in New Jersey). The Bureau of Economic Analysis ranked the county as having the 11th-highest per capita income of all 3,113 counties in the United States (and the highest in New Jersey) as of 2009. As of 2023, Somerset County had the highest GDP for counties with populations between 100,000 and 500,000 in America.

Hunterdon County is a county located in the western section of the U.S. state of New Jersey. At the 2020 census, the county was the state's 4th-least populous county, with a population of 128,947, an increase of 598 (+0.5%) from the 2010 census count of 128,349. Its county seat is Flemington. The county is part of the Central Jersey region of the state.

In 2015, the county had a per capita personal income of $80,759, the third-highest in New Jersey and ranked 33rd of 3,113 counties in the United States. The Bureau of Economic Analysis ranked the county as having the 19th-highest per capita income of all 3,113 counties in the United States (and the highest in New Jersey) as of 2009. In 2011, Hunterdon County had the second-lowest level of child poverty of any county in the United States.

Union County is a county in the northern-central part of the U.S. state of New Jersey. As of the 2020 United States census, the county was the state's seventh-most-populous county with a population of 575,345, its highest decennial count ever and an increase of 38,846 (+7.2%) from the 2010 census count of 536,499. Its county seat is Elizabeth, which is also the most populous municipality in the county, with a 2020 census population of 137,298, and the largest by area, covering 13.46 square miles (34.9 km). The county is part of the Central Jersey region of the state.

In 2015, the county had a per capita personal income of $60,089, the seventh-highest in New Jersey and ranked 152nd of 3,113 counties in the United States. The Bureau of Economic Analysis ranked the county as having the 119th-highest per capita income of all 3,113 counties in the United States (and the eighth-highest in New Jersey) in 2009. A study by Forbes.com determined that Union County residents pay the second-highest property taxes of all U.S. counties, based on 2007 data.

The PCE price index (PCEPI), also referred to as the PCE deflator, PCE price deflator, or the Implicit Price Deflator for Personal Consumption Expenditures (IPD for PCE) by the Bureau of Economic Analysis (BEA) and as the Chain-type Price Index for Personal Consumption Expenditures (CTPIPCE) by the Federal Open Market Committee (FOMC), is a United States-wide indicator of the average increase in prices for all domestic personal consumption. It is currently benchmarked to a base of 2017, consistent with the US National Accounts. Using a variety of data including U.S. Consumer Price Index and Producer Price Index prices, it is derived from the largest component of the GDP in the BEA's National Income and Product Accounts, personal consumption expenditures. PCE data is published monthly by the Bureau of Economic Analysis (BEA) as part of the National Income and Product Accounts (NIPA).

The personal consumption expenditure (PCE) measure is the component statistic for consumption in gross domestic product (GDP) collected by the United States Bureau of Economic Analysis (BEA). It consists of the actual and imputed expenditures of households and includes data pertaining to durable and non-durable goods and services. Essentially, it is a measure of goods and services targeted towards individuals and consumed by individuals. The less volatile measure of the PCE price index is the core PCE (CPCE) price index, which excludes the more volatile and seasonal food and energy prices (e.g., oil, natural gas, and electricity).