U.S. GDP Reliability Index from Bureau of Economic Analysis

A composite index tracks the statistical reliability of U.S. Gross Domestic Product (GDP) estimates. The Bureau of Economic Analysis calculates this measure from six reliability indicators using three-year rolling averages. The data is maintained by performance.commerce.gov and was last updated in March 2025.

Use Cases

• Analyze trends in the 'Actual' reliability index value against the 'Target' over multiple 'Fiscal Year' periods.
• Assess the 'Status' and 'Proximity' of GDP reliability performance relative to established goals.
• Model the relationship between the composite 'Performance Indicator' and underlying economic conditions or data revisions.

Strengths

• Data is updated regularly, with a last recorded update in March 2025.
• The composite index provides a single, standardized measure derived from six underlying reliability indicators.
• The dataset includes both 'Actual' and 'Target' values for direct performance comparison.

Limitations

• The specific number of data rows and the full historical time range are not provided.
• The six underlying indicators that compose the index are not detailed in the available metadata.
• Sample data is unavailable, preventing immediate assessment of data distribution and completeness.

Provenance

Source

performance.commerce.gov, representing the U.S. Bureau of Economic Analysis (BEA).

Collection Method

Calculated as a composite index from six indicators of statistical reliability, applied using three-year rolling averages.

Freshness

Last updated on 2025-03-06.

Geography

United States (national-level GDP estimates).