Office of the Chief Economist

Stored: Office of the Chief Economist

Office of the Chief Economist Type: Government Agency Parent organization: Department of Agriculture Top organization: Department of Agriculture Employees: Executive: Chief Economist Budget: Not specifically itemized; included within USDA's total budget for FY 2024, which was approximately $25.3 billion. Address: 1400 Independence Ave., SW, Washington, DC 20250 Website: https://www.usda.gov/oce Creation Legislation: Institutionalized within USDA to enhance economic analysis, no specific founding legislation but operates under USDA's authority. Wikipedia: Office of the Chief Economist

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Mission Serves as the focal point for economic and policy-related research and analysis for USDA, providing economic intelligence to support policy decisions, market analysis, and strategic planning.

Services Advises on economic implications of agricultural policies and programs Conducts economic research and analysis on agricultural markets Coordinates USDA's economic outlook and forecasting activities Monitors agricultural trade, bioenergy, and environmental economics

Regulations 7 CFR Part 2 - Delegations of Authority by the Secretary of Agriculture and General Officers of the Department

The Office of the Chief Economist (Department of Agriculture) serves as the focal point for economic and policy-related research and analysis for the U.S. Department of Agriculture (USDA).

Mission

The mission of the Office of the Chief Economist (OCE) is to advise the Secretary of Agriculture on the economic implications of policies and programs affecting agriculture and rural communities. OCE provides economic intelligence on agricultural markets, conducts economic analysis, and supports decision-making with data-driven insights, aiming to enhance the economic well-being of American agriculture through informed policy.

Parent organization

The parent organization is the U.S. Department of Agriculture.

Legislation authorizing creation

The creation of OCE isn't attributed to a specific piece of legislation in the sources provided, but it operates under the authority of the USDA, which was established by the Department of Agriculture Organic Act of 1862.

Number of employees

Specific employee numbers for OCE are not publicly disclosed in the sources. However, it's noted that OCE includes a team of economists and analysts.

Last total enacted budget

The last total enacted budget for OCE specifically isn't detailed in the sources provided. The overall USDA budget for fiscal year 2022 was $248.2 billion.

Leader's title

The title of the leader of this organization is "Chief Economist."

Services provided

OCE provides services such as economic analysis of agricultural markets, policy impact assessments, economic forecasting, and risk assessment for regulatory decisions. It coordinates the World Agricultural Outlook Board, which produces official USDA forecasts for agricultural commodities, and supports the development of economic models and data sets to inform agricultural policy, trade negotiations, and environmental policy.

Regulations overseen

OCE does not directly oversee regulations but plays a critical role in the economic analysis that supports regulatory decision-making within USDA. It conducts cost-benefit analyses for proposed regulations, assesses the economic impact of regulatory changes, and informs policy development to ensure economic considerations are integrated into regulatory frameworks.

Headquarters address

The headquarters address for the Office of the Chief Economist is: 1400 Independence Ave SW, Washington, DC 20250, USA

Website

The website for the Office of the Chief Economist is [6](https://www.usda.gov/our-agency/about-usda/offices/office-chief-economist).

Wikipedia article title

There isn't a specific Wikipedia article titled for this office; however, you might find information under the broader "United States Department of Agriculture" article title.