{"product_id":"measuring-what-we-spend-toward-a-new-consumer-expenditure-survey-9780309265751","title":"Measuring What We Spend: Toward a New Consumer Expenditure Survey","description":"\u003cp\u003e • Author(s): National Research Council | Division of Behavioral and Social Scienc | Committee on National Statistics\u003cbr\u003e • Publisher: National Academies Press\u003cbr\u003e • Publisher Imprint: National Academies Press\u003cbr\u003e • BISAC: Industries - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe Consumer Expenditure (CE) surveys are the only source of information on the complete range of consumers' expenditures and incomes in the United States, as well as the characteristics of those consumers. The CE consists of two separate surveys: (1) a national sample of households interviewed five times at three-month intervals; and (2) a separate national sample of households that complete two consecutive one-week expenditure diaries. For more than 40 years, these surveys, the responsibility of the Bureau of Labor Statistics (BLS), have been the principal source of knowledge about changing patterns of consumer spending in the U.S. population.\u003c\/p\u003e \u003cp\u003eIn February 2009, BLS initiated the Gemini Project, the aim of which is to redesign the CE surveys to improve data quality through a verifiable reduction in measurement error with a particular focus on underreporting. The Gemini Project initiated a series of information-gathering meetings, conference sessions, forums, and workshops to identify appropriate strategies for improving CE data quality. As part of this effort, BLS requested the National Research Council's Committee on National Statistics (CNSTAT) to convene an expert panel to build on the Gemini Project by conducting further investigations and proposing redesign options for the CE surveys.\u003c\/p\u003e \u003cp\u003eThe charge to the Panel on Redesigning the BLS Consumer Expenditure Surveys includes reviewing the output of a Gemini-convened data user needs forum and methods workshop and convening its own household survey producers workshop to obtain further input. In addition, the panel was tasked to commission options from contractors for consideration in recommending possible redesigns. The panel was further asked by BLS to create potential redesigns that would put a greater emphasis on proactive data collection to improve the measurement of consumer expenditures. \u003cem\u003eMeasuring What We Spend\u003c\/em\u003e summarizes the deliberations and activities of the panel, discusses the conclusions about the uses of the CE surveys and why a redesign is needed, as well as recommendations for the future.\u003c\/p\u003e","brand":"National Academies Press","offers":[{"title":"Paperback","offer_id":47890985779351,"sku":"9780309265751","price":5200.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780309265751.webp?v=1781181936","url":"https:\/\/atlanticbooks.com\/products\/measuring-what-we-spend-toward-a-new-consumer-expenditure-survey-9780309265751","provider":"Atlantic Books","version":"1.0","type":"link"}