BEA Release Dates 2023 – & How It Affects The Economy

BEA Release Dates 2023

Wondering how BEA influences the financial market? Read on to find out! In this post, we will walk you through what the BEA does and how its reports influence the financial market.

BEA Release DatesWhat Is BEA?

The Bureau of Economic Analysis with the acronym BEA is a US research agency under the Department of Commerce. The agency is responsible for providing economic indicators. While the US government uses BEA’s reports to formulate policies, investors, on the other hand, change their investing habits. Companies are not left out as they use BEA data to make critical business decisions. Ultimately, BEA influences the stock market, government spending, as well as tax laws.

What the BEA Does

The Bureau of Economic Analysis collects data from businesses, summarizes and presents the data on a regular basis. It is not the responsibility of BEA to forest trends or interprets the data. The BEA releases different reports on 4 levels – Industry, Regional, National, and International.

How the Bureau Affects the Economy

BEA’s reports affect all government and private sector business and financial decisions. For instance, the stock market will nosedive immediately after the BEA release a report that GDP did not rise as projected. Also, BEA’s report usually delays companies’ investment in new capital, anticipating a recession.

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BEA News Release Schedule

The following bullet points show BEA release dates for the year 2023:

January

U.S. International Trade in Goods and Services, November 2020 January 7
Gross Domestic Product, 4th Quarter and Year 2020 (Advance Estimate) January 28
Personal Income and Outlays, December 2020 January 29

February

U.S. International Trade in Goods and Services, December 2020 February 5
Gross Domestic Product, 4th Quarter and Year 2020 (Second Estimate) February 25
Personal Income and Outlays, January 2021 February 26

March

U.S. International Trade in Goods and Services, January 2021 March 5
U.S. International Transactions, 4th Quarter and Year 2020 March 23
Personal Income by State, 4th Quarter and Year 2020 (Preliminary) March 24
Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits, 4th Quarter and Year 2020 March 25
Personal Income and Outlays, February 2021 March 26
Gross Domestic Product by State, 4th Quarter and Year 2020 (Preliminary) March 26
10:00 a.m.
U.S. International Investment Position, 4th Quarter and Year 2020 March 31

April

U.S. International Trade in Goods and Services, February 2021 April 7
Gross Domestic Product, 1st Quarter 2021 (Advance Estimate) April 29
Personal Income and Outlays, March 2021 April 30

May

U.S. International Trade in Goods and Services, March 2021 May 4
Gross Domestic Product, 1st Quarter 2021 (Second Estimate); Corporate Profits, 1st Quarter 2021 (Preliminary Estimate) May 27
Personal Income and Outlays, April 2021 May 28

June

U.S. International Trade in Goods and Services, April 2021 June 8
U.S. International Trade in Goods and Services, Annual Update June 8
Personal Income by State, 1st Quarter 2021 June 22
U.S. International Transactions, 1st Quarter 2021 and Annual Update June 23
Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 1st Quarter 2021 June 24
Personal Income and Outlays, May 2021 June 25
Gross Domestic Product by State, 1st Quarter 2021 June 25
10:00 a.m.
U.S. International Investment Position, 1st Quarter 2021 and Annual Update June 30

July

New Foreign Direct Investment in the United States, 2020 July 1
U.S. International Trade in Goods and Services, May 2021 July 2
Direct Investment by Country and Industry, 2020 July 22
Gross Domestic Product, 2nd Quarter 2021 (Advance Estimate) July 29
Personal Income and Outlays, June 2021 July 30

August

U.S. International Trade in Goods and Services, June 2021 August 5
Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2019 August 20
Gross Domestic Product, 2nd Quarter 2021 (Second Estimate); Corporate Profits, 2nd Quarter 2021 (Preliminary Estimate) August 26
Personal Income and Outlays, July 2021 August 27

September

U.S. International Trade in Goods and Services, July 2021 September 2
U.S. International Transactions, 2nd Quarter 2021 September 21
Personal Income by State, 2nd Quarter 2021 and Year 2020 September 23
U.S. International Investment Position, 2nd Quarter 2021 September 28
Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 2nd Quarter 2021 September 30

October

Personal Income and Outlays, August 2021 October 1
Gross Domestic Product by State, 2nd Quarter 2021 and Annual Update, 2020 October 1
10:00 a.m.
U.S. International Trade in Goods and Services, August 2021 October 5
Personal Consumption Expenditures by State, 2020 October 8
Gross Domestic Product, 3rd Quarter 2021 (Advance Estimate) October 28
Personal Income and Outlays, September 2021 October 29

November

U.S. International Trade in Goods and Services, September 2021 November 4
Activities of U.S. Multinational Enterprises, 2019 November 12
Personal Income by County and Metropolitan Area, 2020 November 16
Gross Domestic Product, 3rd Quarter 2021 (Second Estimate); Corporate Profits, 3rd Quarter 2021 (Preliminary Estimate) November 24
Personal Income and Outlays, October 2021 November 24
10:00 a.m.

December

U.S. International Trade in Goods and Services, October 2021 December 7
Gross Domestic Product by County and Metropolitan Area, 2020 December 8
Real Personal Consumption Expenditures by State and Real Personal Income by State and Metropolitan Area, 2020 December 14
Personal Income by State, 3rd Quarter 2021 December 17
U.S. International Transactions, 3rd Quarter 2021 December 21
Gross Domestic Product, (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 3rd Quarter 2021 December 22
Personal Income and Outlays, November 2021 December 23
Gross Domestic Product by State, 3rd Quarter 2021 December 23
10:00 a.m.
U.S. International Investment Position, 3rd Quarter 2021 December 30
U.S. International Trade in Goods and Services, November 2019 January 07 08:30 AM
Gross Domestic Product by Industry, 3rd Quarter 2019 January 09 08:30 AM
Gross Domestic Product by State, 3rd Quarter 2019 January 10 08:30 AM
Gross Domestic Product, 4th Quarter and Year 2019 (Advance Estimate) January 30 08:30 AM
Personal Income and Outlays, December 2019 January 31 08:30 AM
U.S. International Trade in Goods and Services, December 2019 February 05 08:30 AM
Gross Domestic Product, 4th Quarter and Year 2019 (Second Estimate) February 27 08:30 AM
Personal Income and Outlays, January 2020 February 28 08:30 AM
U.S. International Trade in Goods and Services, January 2020 March 06 08:30 AM
U.S. International Transactions, 4th Quarter and Year 2019 March 19 08:30 AM
Personal Income by State, 4th Quarter and Year 2019 (Preliminary) March 24 08:30 AM
Gross Domestic Product, 4th Quarter and Year 2019 (Third Estimate); Corporate Profits, 4th Quarter and Year 2019 March 26 08:30 AM
Personal Income and Outlays, February 2020 March 27 08:30 AM
U.S. International Investment Position, 4th Quarter and Year 2019 March 31 08:30 AM
U.S. International Trade in Goods and Services, February 2020 April 02 08:30 AM
Gross Domestic Product by Industry, 4th Quarter and Year 2019 April 06 08:30 AM
Gross Domestic Product by State, 4th Quarter and Year 2019 (Preliminary) April 07 08:30 AM
Gross Domestic Product, 1st Quarter 2020 (Advance Estimate) April 29 08:30 AM
Personal Income and Outlays, March 2020 April 30 08:30 AM
U.S. International Trade in Goods and Services, March 2020 May 05 08:30 AM
Real Personal Income by State and Metropolitan Area, 2018 May 18 08:30 AM
Gross Domestic Product, 1st Quarter 2020 (Second Estimate); Corporate Profits, 1st Quarter 2020 (Preliminary Estimate) May 28 08:30 AM
Personal Income and Outlays, April 2020 May 29 08:30 AM
U.S. International Trade in Goods and Services, April 2020 June 04 08:30 AM
U.S. International Trade in Goods and Services, Annual Update June 04 08:30 AM
U.S. International Transactions, 1st Quarter 2020 and Annual Update June 19 08:30 AM
Personal Income by State, 1st Quarter 2020 June 23 08:30 AM
Gross Domestic Product, 1st Quarter 2020 (Third Estimate); Corporate Profits, 1st Quarter 2020 (Revised Estimate) June 25 08:30 AM
Personal Income and Outlays, May 2020 June 26 08:30 AM
U.S. International Investment Position, 1st Quarter 2020, the Year 2019, and Annual Update June 30 08:30 AM
New Foreign Direct Investment in the United States, 2019 July 01 08:30 AM
U.S. International Trade in Goods and Services, May 2020 July 02 08:30 AM
Gross Domestic Product by Industry, 1st Quarter 2020 July 06 08:30 AM
Gross Domestic Product by State, 1st Quarter 2020 July 07 08:30 AM
Direct Investment by Country and Industry, 2019 July 23 08:30 AM
Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) July 30 08:30 AM
Personal Income and Outlays, June 2020 July 31 08:30 AM
U.S. International Trade in Goods and Services, June 2020 August 5 08:30 AM
Activities of U.S. Multinational Enterprises, 2018 August 21 08:30 AM
Gross Domestic Product, 2nd Quarter 2020 (Second Estimate); Corporate Profits, 2nd Quarter 2020 (Preliminary Estimate) August 27 08:30 AM
Personal Income and Outlays, July 2020 August 28 08:30 AM
U.S. International Trade in Goods and Services, July 2020 September 3 08:30 AM
U.S. International Transactions, 2nd Quarter 2020 September 18 08:30 AM
Personal Income by State, 2nd Quarter 2020 and Year 2019 September 24 08:30 AM
U.S. International Investment Position, 2nd Quarter 2020 September 29 08:30 AM
Gross Domestic Product, 2nd Quarter 2020 (Third Estimate); Corporate Profits, 2nd Quarter 2020 (Revised Estimate) September 30 08:30 AM
Gross Domestic Product by Industry, 2nd Quarter 2020 and Annual Update September 30 08:30 AM
Personal Income and Outlays, August 2020 October 01 08:30 AM
Gross Domestic Product by State, 2nd Quarter 2020 and Annual Update, 2019 October 02 08:30 AM
U.S. International Trade in Goods and Services, August 2020 October 06 08:30 AM
Personal Consumption Expenditures by State, 2019 October 08 08:30 AM
Gross Domestic Product, 3rd Quarter 2020 (Advance Estimate) October 29 08:30 AM
Personal Income and Outlays, September 2020 October 30 08:30 AM
U.S. International Trade in Goods and Services, September 2020 November 04 08:30 AM
Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2018 November 13 08:30 AM
Personal Income by County and Metropolitan Area, 2019 November 17 08:30 AM
Gross Domestic Product, 3rd Quarter 2020 (Second Estimate): Corporate Profits, 3rd Quarter 2020 (Preliminary Estimate) November 25 08:30 AM
Personal Income and Outlays, October 2020 November 25 10:00 AM
U.S. International Trade in Goods and Services, October 2020 December 04 08:30 AM
Gross Domestic Product by County and Metropolitan Area, 2019 December 09 08:30 AM
Real Personal Income by State and Metropolitan Area, 2019 December 15 08:30 AM
Personal Income by State, 3rd Quarter 2020 December 17 08:30 AM
U.S. International Transactions, 3rd Quarter 2020 December 18 08:30 AM
Gross Domestic Product, 3rd Quarter 2020 (Third Estimate); Corporate Profits, 3rd Quarter 2020 (Revised Estimate) December 22 08:30 AM
Gross Domestic Product by Industry, 3rd Quarter 2020 December 22 08:30 AM
Personal Income and Outlays, November 2020 December 23 08:30 AM
Gross Domestic Product by State, 3rd Quarter 2020 December 23 10:00 AM
U.S. International Investment Position, 3rd Quarter 2020 December 29 08:30 AM

The BEA report influences the finance industry in a very noticeable way, hence it is vital for every investor in the finance sector to make proper note of all the above-mentioned dates, and take all decisions accordingly.

Do share your views on how you keep yourself prepared for BEA.

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