Friday, September 17, 2021

Beyond the Numbers

Bureau of Labor Statistics
The latest Beyond the Numbers article is available here: https://www.bls.gov/opub/btn/volume-10/measuring-consumer-price-change-during-economic-downturns.htm. Highlights are below.

Measuring consumer price change during economic downturns: a review of assumptions about consumer spending

09/17/2021

During economic downturns, how do these measures help in analyzing price change, and what can we assume about consumption? This Beyond the Numbers article explores the final C-CPI-U during the Great Recession and the recession that occurred as a result of the COVID-19 pandemic. Additionally, the article evaluates consumer spending assumptions of the CPI-U and preliminary C-CPI-U during these recessionary periods to highlight challenges of lagged consumer spending data.

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