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U.S. Import And Export Price Indices
The U.S. Import and Export Price Indexes measure average changes in prices of goods and services that are imported to or exported from the U.S.. The indexes are produced monthly by the International Price Program (IPP) of the Bureau of Labor Statistics. The Import and Export Price Indexes were published quarterly starting in 1974 and monthly since 1989. History of the International Price Program The origins of the International Price Program (IPP) can be traced to a 1961 report on Federal Price Statistics prepared by the National Bureau of Economic Research. The report for Congress' Joint Economic Committee suggested that indexes be assigned to a federal statistical agency "to obtain the attention and resources for these indexes that we believe are essential." A further study undertaken for NBER by Professors Irving Kravis and Robert Lipsey gave more impetus to the project. In their study, "Price Competitiveness in World Trade," Kravis and Lipsey outlined the need for such mea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bureau Of Labor Statistics
The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. It is the principal fact-finding agency for the government of the United States, U.S. government in the broad field of labor economics, labor economics and statistics and serves as a principal agency of the Federal Statistical System of the United States, U.S. Federal Statistical System. The BLS collects, processes, analyzes, and disseminates essential statistical data to the American public, the United States Congress, U.S. Congress, other Federal agencies, State and local governments, business, and labor representatives. The BLS also serves as a statistical resource to the United States Department of Labor, and conducts research measuring the income levels families need to maintain a satisfactory quality of life. BLS data must satisfy a number of criteria, including relevance to current social and economic issues, timeliness in reflecting today's rapidly changing economic conditions, accur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Confidential Information Protection And Statistical Efficiency Act
The Confidential Information Protection and Statistical Efficiency Act, ("CIPSEA"), is a United States federal law enacted in 2002 as Title V of the E-Government Act of 2002 (, , ). Purpose CIPSEA establishes uniform confidentiality protections for information collected for statistical purposes by U.S. statistical agencies, and it allows some data sharing between the Bureau of Labor Statistics, Bureau of Economic Analysis, and Census Bureau. The agencies report to OMB on particular actions related to confidentiality and data sharing. The law gives the agencies standardized approaches to protecting information from respondents so that it will not be exposed in ways that lead to inappropriate or surprising identification of the respondent. By default the respondent's data is used for ''statistical purposes'' only. If the respondent gives ''informed consent'', the data can be put to some other use. Statistical implications CIPSEA did not give the statistical agencies new opportuni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price Indices
A price index (''plural'': "price indices" or "price indexes") is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a specific region over a defined time period. It is a statistic designed to measure how these price relatives, as a whole, differ between time periods or geographical locations, often expressed relative to a base period set at 100. Price indices serve multiple purposes. Broad indices, like the Consumer price index, reflect the economy’s general price level or cost of living, while narrower ones, such as the Producer price index, assist producers with pricing and business planning. They can also guide investment decisions by tracking price trends. Types of price indices Some widely recognized price indices include: * Consumer price index – Measures retail price changes for consumer goods and services. * Producer price index – Tracks wholesale price changes for producers. * Wholesale pri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FRED (Federal Reserve Economic Data)
Federal Reserve Economic Data (FRED) is a database maintained by the Research division of the Federal Reserve Bank of St. Louis that has more than 816,000 economic time series from various sources. They cover banking, business/fiscal, consumer price indexes, employment and population, exchange rates, gross domestic product, interest rates, monetary aggregates, producer price indexes, reserves and monetary base, U.S. trade and international transactions, and U.S. financial data. The time series are compiled by the Federal Reserve and many are collected from government agencies such as the U.S. Census and the Bureau of Labor Statistics. Services ALRED (Archival Reserve Economic Data) lets users retrieve vintage versions of economic data that were available on specific dates in history. The ALRED website states that “In general, economic data for past observation periods are revised as more accurate estimates become available. As a result, previous vintages of data can be supers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation
In economics, inflation is an increase in the average price of goods and services in terms of money. This increase is measured using a price index, typically a consumer price index (CPI). When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of CPI inflation is deflation, a decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. Changes in inflation are widely attributed to fluctuations in Real versus nominal value (economics), real demand for goods and services (also known as demand shocks, including changes in fiscal policy, fiscal or monetary policy), changes in available supplies such as during energy crisis, energy crises (also known as supply shocks), or changes in inflation expectations, which may be self-fulfilling. Moderat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Price Index
A consumer price index (CPI) is a statistical estimate of the level of prices of goods and services bought for consumption purposes by households. It is calculated as the weighted average price of a market basket of Goods, consumer goods and Service (economics), services. Changes in CPI track changes in prices over time. The items in the basket are updated periodically to reflect changes in consumer spending habits. The prices of the goods and services in the basket are collected (often monthly) from a sample of retail and service establishments. The prices are then adjusted for changes in quality or features. Changes in the CPI can be used to track inflation over time and to compare inflation rates between different countries. While the CPI is not a perfect measure of inflation or the cost of living, it is a useful tool for tracking these economic indicators. It is one of several Price index, price indices calculated by many national statistical agencies. Overview A CPI is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Transportation
The United States Department of Transportation (USDOT or DOT) is one of the executive departments of the U.S. federal government. It is headed by the secretary of transportation, who reports directly to the president of the United States and is a member of the president's Cabinet. The department's fiscal year 2022–2026 strategic plan states that its mission is "to deliver the world's leading transportation system, serving the American people and economy through the safe, efficient, sustainable, and equitable movement of people and goods." History In 1965, Najeeb Halaby, was granted authority over aviation and railroads through the commerce clause of the Constitution, the Federal Highway Administration and Federal Transit Administration primarily provided funding for state and local projects, without significant influence over road construction and operation. Halaby emphasized the need for improved coordination and expressed frustration at the lack of an overall plan. " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bureau Of The Census
The United States Census Bureau, officially the Bureau of the Census, is a principal agency of the Federal statistical system, U.S. federal statistical system, responsible for producing data about the American people and American economy, economy. The U.S. Census Bureau is part of the United States Department of Commerce, U.S. Department of Commerce and its Director of the United States Census Bureau, director is appointed by the president of the United States. Currently, Ron S. Jarmin is the acting director of the U.S. Census Bureau. The Census Bureau's primary mission is conducting the United States census, U.S. census every ten years, which allocates the seats of the United States House of Representatives, U.S. House of Representatives to the U.S. state, states based on their population. The bureau's various censuses and surveys help allocate over $675 billion in federal funds every year and it assists states, local communities, and businesses in making informed decisions. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada
Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of countries and dependencies by area, second-largest country by total area, with the List of countries by length of coastline, world's longest coastline. Its Canada–United States border, border with the United States is the world's longest international land border. The country is characterized by a wide range of both Temperature in Canada, meteorologic and Geography of Canada, geological regions. With Population of Canada, a population of over 41million people, it has widely varying population densities, with the majority residing in List of the largest population centres in Canada, urban areas and large areas of the country being sparsely populated. Canada's capital is Ottawa and List of census metropolitan areas and agglomerations in Canada, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Border Services Agency
The Canada Border Services Agency (CBSA; , ''ASFC'') is a federal law enforcement agency that is responsible for border control (i.e. protection and surveillance), immigration enforcement, and customs services in Canada. The CBSA is responsible to Parliament through the minister of public safety and emergency preparedness. It is under the direction of Erin O’Gorman, who is the president of the agency. The CBSA was created on 12 December 2003 by an order-in-council that amalgamated the customs function of the now-defunct Canada Customs and Revenue Agency, the enforcement function of Citizenship and Immigration Canada (now known as Immigration, Refugees and Citizenship Canada), and the port-of-entry examination function of the Canadian Food Inspection Agency (CFIA). The CBSA's creation was formalized by the ''Canada Border Services Agency Act'', which received Royal assent on 3 November 2005. The CBSA oversees approximately 1,200 service locations across Canada and 35 in oth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monthly Labor Review
The ''Monthly Labor Review'' (''MLR'') is published by the U.S. Bureau of Labor Statistics The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. It is the principal fact-finding agency for the government of the United States, U.S. government in the broad field of labor economics, labor economics and ... (BLS). Issues often focus on a particular topic. Most articles are by BLS staff. Annually since 1969, the Lawrence R. Klein Award has been awarded to authors of articles appearing in the ''Monthly Labor Review'', generally one to BLS authors and one to non-BLS authors. History In 1915, under commissioner Royal Meeker, BLS began publishing the ''Monthly Review'', with a circulation of 8,000. The name became ''Monthly Labor Review'' in 1918, and circulation rose to 20,000 in June 1920.Joseph Goldberg and William Moye. 1985. First hundred years of the Bureau of Labor Statistics'. BLS Bulletin 2235. p 110. The journal has published its a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
