Chainlink Brings Onchain Economic Data Feeds from U.S. Department of Commerce
Chainlink has partnered with the U.S. Department of Commerce to bring six official economic data feeds onchain, making key macroeconomic indicators available for blockchain applications.
The integration sources data from the Bureau of Economic Analysis (BEA), enabling developers to securely access GDP, PCE Price Index, and Real Final Sales to Private Domestic Purchasers.
These indicators are among the most widely followed measures of U.S. economic activity, with GDP reflecting the size and growth of the economy and the PCE Price Index serving as the U.S. Federal Reserve's preferred inflation gauge.
The collaboration strengthens Chainlink's position as a leading provider of decentralized oracle infrastructure, expanding its capabilities beyond cryptocurrency price feeds into real-world data categories that can support increasingly sophisticated blockchain applications.