Journal Article

Economic statistics: new needs for the twenty-first century - opening remarks

Abstract: The purpose of this conference was to deepen our understanding of some of the key conceptual issues current facing those charged with measuring the performance of the U.S. economy and other economies around the globe. The speakers discussed recent efforts to improve economic and financial data and explore strategies for meeting the challenges that lay ahead. The conference focused on four key areas: 1) the measurement of intangible capital, 2) the measurement of service sector output, prices and productivity, 3) the measurement of international capital positions and flows, and 4) the use of hedonic indexes to measure prices while controlling for changes in quality.

Keywords: Industrial productivity - Measurement; Statistics; Index numbers (Economics); Prices; Accounting; Productivity; Economic indicators;

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Economic Policy Review

Publication Date: 2003

Issue: Sep

Pages: 3-4

Order Number: v.9 no.3