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Sensitivity of BLS economic projections to exogenous variables
BLS economic projections exogenous variables
2009/5/19
The 1995 macroeconomic model has been most responsive to changes in fiscal spending and to changes in foreign economic activity; assumptions regarding energy have had little effect on the estimates.
Real gross national product growth averages 2.4 percent a year, according to moderate projections, reflecting a slowly improving foreign trade deficit, higher productivity, and a continued shift t...
BLS diffusion indexes measure the breadth of employment changes across industries, which is helpful in assessing the overall state of the economy. The indexes also serve as a potential leading indica...
Rebasing GDP and its components on chained 2001 dollars enhances the role of services as a contributor to economic growth, while diminishing the significance of private investment. Only minor effects ...
Both the elderly and children have experienced improvements in their health status, but do not share the same enhancements in economic well-being; data for the elderly are compared with data from a re...