The U.S. Department of Commerce partners with Chainlink to bring macroeconomic data on-chain

ChainCatcher news, Chainlink announced a partnership with the U.S. Department of Commerce (DOC) to bring U.S. government macroeconomic data from the Bureau of Economic Analysis (BEA) on-chain. These brand new Chainlink data sources can securely bring key information of critical U.S. economic data on-chain, including real Gross Domestic Product (GDP), Personal Consumption Expenditures (PCE) Price Index, and real final sales to private domestic purchasers.

This data will be updated monthly or quarterly and will initially be available in ten blockchain ecosystems. The first supported chains include: Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync. According to user demand, support for other blockchain networks can be gradually added in the future.