Bureau of Economic Analysis
Michael Berry has extensive work experience in the field of economics. Michael started their career at USDA in 2000 as an Economist and Market Analyst, a position they held until 2002. In 2002, they joined the Bureau of Economic Analysis as an Economist and worked in that role until 2011. From 2011 to 2021, they served as a Supervisory Economist at the same organization. Currently, Michael holds the position of Section Chief at the Bureau of Economic Analysis, starting in January 2022.
Michael Berry received their Bachelor of Science degree in Business Management from Penn State University, where they studied from 1995 to 2000. Later, they pursued a Master of Arts degree in Applied Economics at The Johns Hopkins University from 2002 to 2006. In addition to their formal education, Berry holds additional certifications, including an Advanced Open Wheel Certification from the Skip Barber Racing School, a Category 1 Mountain Bike Racer certification from USA Cycling, and a Certificate in Economic Measurement from the National Association of Business Economists (NABE). The specific months and years of obtaining these certifications are not provided.
Bureau of Economic Analysis
BEA is an agency of the Department of Commerce. Along with the Census Bureau and STAT-USA, BEA is part of the Department's Economics and Statistics Administration. BEA produces economic accounts statistics that enable government and business decision-makers, researchers, and the American public to follow and understand the performance of the Nation's economy. To do this, BEA collects source data, conducts research and analysis, develops and implements estimation methodologies, and disseminates statistics to the public. BEA is one of the world's leading statistical agencies. Although it is a relatively small agency, BEA produces some of the most closely watched economic statistics that influence the decisions made by government officials, business people, households, and individuals. BEA's economic statistics, which provide a comprehensive, up-to-date picture of the U.S. economy, are key ingredients in critical decisions affecting monetary policy, tax and budget projections, and business investment plans. The cornerstone of BEA's statistics is the national income and product accounts (NIPAs), which feature the estimates of gross domestic product (GDP) and related measures. The GDP was recognized by the Department of Commerce as its greatest achievement of the 20th century and has been ranked as one of the three most influential measures that affect U.S. financial markets. Since the NIPAs were first developed in the aftermath of the Great Depression, BEA has developed and extended its estimates to cover a wide range of economic activities. Today, BEA prepares national, regional, industry, and international accounts that present essential information on such key issues as economic growth, regional economic development, interindustry relationships, and the Nation's position in the world economy.