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Bureau Of Economic Analysis company history timeline

1820

The earliest predecessor to the Bureau of Economic Analysis (BEA) was the Division of Commerce and Navigation in the Treasury Department, which was created in 1820 to compile and publish annual statistics on United States foreign commerce and later, domestic commerce.

1866

In 1866, the Division of Commerce was abolished after these duties were transferred to the newly created Bureau of Statistics, which also began compiling statistics about commerce between the continental United States and United States territories.

1903

In 1903 the Treasury and State Department offices were combined as the Bureau of Statistics under the newly established Department of Commerce and Labor.

1934

In 1934, the office published its first estimates of national income at the request of the United States Senate, which wanted to measure the effects of the Great Depression.

1947

Income paid out became known as personal income in 1947.

2009

Civil servants earned average pay and benefits of $123,049 in 2009, while private workers made $61,051 in total compensation, the newspaper found using statistics from the Bureau of Economic Analysis (BEA). It’s an argument many conservative and libertarian think tanks have made in the past.

2010

These data are not consistent with the 2010 comprehensive revision of the annual industry accounts.

2014

On September 21, 2014, Brian C. Moyer was installed as the director of the Bureau of Economic Analysis (BEA). It’s the culmination of a career that began in the bureau right after he finished college.

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Founded
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Suitland, MD
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Founders
Richard Nixon
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