Index/Organizations/Bureau of Economic Analysis

Bureau of Economic Analysis

United States federal agency

Fact-Checks

61 results
Dec 2, 2025
Most Viewed

the top 10 positive accomplishments of donald trump's second presidential term

Requests for a “top 10 positive accomplishments” of Donald Trump’s second presidential term must rely on partisan claims, executive actions, and early statutory wins rather than an authoritative, neut...

Nov 17, 2025
Most Viewed

What was the economy like when Biden left

When President Biden left office (end of his term in January 2025), the economy was broadly described in official and private forecasts as growing but cooling: real GDP growth slowed into 2025 (BEA re...

Oct 29, 2025
Most Viewed

What is the current GDP of California in 2025?

California’s nominal GDP for 2025 is reported in two different clusters of figures in the available sources: several April 2025 news accounts put California’s 2024/early‑2025 nominal GDP at about , wh...

Nov 21, 2025

How did GDP growth rates compare under Trump vs. Biden (annual and quarterly)?

Annual real GDP growth across the two presidencies is close: several analyses show Biden-era annual growth stronger on average than Trump’s, with Biden peaking at 6.2% in 2021 and recording multi-year...

Dec 11, 2025

How large is California's GDP compared to other US states and countries?

California’s nominal GDP is roughly $4.1 trillion–$4.2 trillion in the latest state and federal estimates, making it by far the largest U.S. state economy and placing it among the top four or five nat...

Nov 5, 2025

How much did the national debt increase during Joe Biden's presidency 2021 to 2025?

Most sources in the packet disagree on a single figure because they use different debt measures and windows; estimates range from roughly to depending on whether analysts compare gross totals, debt he...

Oct 16, 2025

How does California's GDP compare to the GDP of Texas in 2025?

California’s economy remained substantially larger than Texas’s in the most recent consolidated estimates, with , a gap of roughly $1.4 trillion by late 2024–mid‑2025 estimates. Multiple datasets and ...

Dec 5, 2025

If California were a country what would its GDP rank be today?

California’s nominal GDP in 2024–2025 is reported in multiple sources between about $4.1 trillion and $4.215 trillion, which places the state either fourth or fifth globally depending on which interna...

Dec 7, 2025

How did inflation under Biden compare to the last three presidents by annual rate?

Across the available reporting, Biden-period annual CPI inflation averaged roughly the mid-to-high single digits in its worst year and about 4.9% when averaged over his full term, while inflation peak...

Dec 13, 2025

Which US state had the highest GDP per capita in 2025?

Available 2025 reporting and BEA releases show New York state listed with the highest GDP per capita among states at about $117,332, while the District of Columbia — counted separately from states — f...

Nov 6, 2025

Is the economy better now than it was in 2024?

The question "Is the economy better now than it was in 2024?" has no single factual yes/no answer; , and most public sentiment and independent forecasts tilt toward a somewhat worse outlook now than i...

Oct 30, 2025

How does California's per capita GDP in 2025 compare to other US states and to 2020–2024 trends?

California remained one of the largest and highest‑income state economies through 2024, but available data and contemporary summaries show compared with other states and with 2020–2024 trends. Officia...

Dec 6, 2025

What would the US GDP be without California in 2024 and 2025 figures?

Removing California’s output from the U.S. economy cuts roughly $4.05 trillion from national GDP in 2024, reducing a roughly $29–$29.1 trillion U.S. total by about 14% (California ≈ $4.048–$4.1 trilli...

Nov 13, 2025

inflation rate in october 2025

Available analyses disagree on whether an official October 2025 monthly inflation release exists; the cleveland Fed nowcast and other projections place U.S. headline CPI around , with core near , whil...

Dec 15, 2025

How does California's GDP per capita compare to other US states in 2024-2025?

California’s GDP per person in 2024 was $85,340, below several high‑productivity states but above the national average; New York led states at about $117,332 in 2024 while the District of Columbia’s p...

Nov 23, 2025

What was quarterly GDP growth under Biden compared to Trump and the 2010s average?

Quarterly and annual GDP performance under Presidents Biden and Trump varies across sources and time windows: FactCheck reports average annual real GDP growth of 2.5% under Biden with a 6.2% peak in 2...

Dec 5, 2025

us gdp without california

Removing California from the United States would shrink national output by roughly $4.1 trillion, about 14% of U.S. GDP as reported for 2024 — California alone was roughly $4.1 trillion and Visual Cap...

Dec 11, 2025

Which industry sectors contributed the largest shares of U.S. GDP in 2025 by percentage?

The Bureau of Economic Analysis (BEA) releases GDP by industry and shows private goods-producing industries grew 10.2% and private services-producing industries grew 3.5% in Q2 2025; overall real GDP ...

Dec 10, 2025

How has the percentage of GDP spent on government assistance changed over the past decade?

Over the past decade government spending as a share of GDP rose sharply during crisis years and otherwise trended near historically elevated levels: federal outlays were about 23–24% of GDP in 2024–20...

Nov 14, 2025

How does California's GDP per capita compare to other states?

California’s total GDP is by far the largest of any U.S. state—about $4.1 trillion in recent BEA/compilation estimates—making it roughly 14% of U.S. GDP and the fifth‑largest economy in the world if i...