Hassan Maishera
Chainlink announced via a blog post on Thursday that it has partnered with the United States Department of Commerce (DOC) to bring U.S. government macroeconomic data onchain from the Bureau of Economic Analysis (BEA).
The team added that these new Data Feeds securely deliver critical information around key U.S. economic data onchain, including Real Gross Domestic Product (GDP), Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers.
The data is updated monthly or quarterly as applicable, and is initially being made available across ten blockchain ecosystems, starting with the following chains: Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 5.5% over the past 24 hours and is trading at $25.12 at press time.
