Final answer:
Secondary data is information gathered from external organizations, pivotal for compiling economic reports like GDP statistics. Government agencies and DMOs contribute heavily to this collection with data spanning energy, healthcare, and more.
Step-by-step explanation:
Information collected from other organizations, such as government agencies and Destination Management Organizations (DMOs), is known as secondary data. This type of data is essential for compiling various economic reports and statistics, such as those relating to the Gross Domestic Product (GDP). Government agencies like the U.S. Department of Transportation, Department of Energy, and Department of Agriculture, as well as others such as the Agency for Health Care Research and Quality, collect valuable data on sectors including energy, healthcare, farming, and rental income. These data sets are cross-checked and compiled to provide comprehensive statistics, including the U.S. balance of trade figures.