Blending data to understand the economic impact of COVID-19

The data demands during the pandemic heightened the need to blend information from numerous sources to get a more timely and granular picture of economic developments. Ongoing efforts include the Chicago Fed’s weekly retail sales estimate, the Census Bureau’s work on higher-frequency state-level ret...

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Detalles Bibliográficos
Autores principales: Brave, Scott A., Hutchinson, Rebecca, Kurz, Christopher J., Stepner, Michael, Jarmin, Ron
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Palgrave Macmillan UK 2022
Materias:
Original Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8864460/
https://www.ncbi.nlm.nih.gov/pubmed/35221344
http://dx.doi.org/10.1057/s11369-021-00250-3
Descripción
Sumario:The data demands during the pandemic heightened the need to blend information from numerous sources to get a more timely and granular picture of economic developments. Ongoing efforts include the Chicago Fed’s weekly retail sales estimate, the Census Bureau’s work on higher-frequency state-level retail sales data, the Federal Reserve Board’s computations of business closures and weekly payrolls, and the academic Opportunity Insights team’s estimates of spending, business revenues and employment by income and ZIP code.

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