Measuring What We Spend

Measuring What We Spend

Author: National Research Council

Publisher: National Academies Press

Published: 2013-02-15

Total Pages: 217

ISBN-13: 0309265789

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The 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. In 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. The 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. Measuring What We Spend 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.


Consumer Expenditure Survey, 2003

Consumer Expenditure Survey, 2003

Author:

Publisher:

Published: 2007

Total Pages:

ISBN-13:

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The ongoing Consumer Expenditure Survey (CES) provides a continuous flow of information on the buying habits of American consumers and also furnishes data to support periodic revisions of the Consumer Price Index. The survey consists of two separate components : (1) a quarterly Interview Survey in which each consumer unit in the sample is interviewed every three months over a 15-month period, and (2) a Diary Survey completed by the sample consumer units for two consecutive one-week periods. The Diary Survey contains consumer information on small, frequently-purchased items such as food, beverages, food consumed away from home, gasoline, housekeeping supplies, nonprescription drugs and medical supplies, and personal care products and services. Participants are asked to maintain expense records, or diaries, of all purchases made each day for two consecutive one-week periods. The Consumer Unit Characteristics and Income (FMLY) files supply information on consumer unit characteristics, consumer unit income, and characteristics and earnings of the reference person and his or her spouse. A consumer unit (CU) consists of all members of a particular housing unit who are related by blood, marriage, adoption, or some other legal arrangement. Consumer unit determination for unrelated persons is based on financial independence. Member Characteristics (MEMB) files contain selected characteristics and earnings for each consumer unit member, including information on relationship to reference person. The Detailed Expenditures (EXPN) files present weekly data on expenditures at the Universal Classification Code (UCC) level, while Income (DTAB) files contain data on CU characteristics and income at the UCC level ... Cf. : http://webapp.icpsr.umich.edu/cocoon/ICPSR-STUDY/04180.xml.


Improving the Measurement of Consumer Expenditures

Improving the Measurement of Consumer Expenditures

Author: Christopher D. Carroll

Publisher: University of Chicago Press

Published: 2015-06-16

Total Pages: 517

ISBN-13: 022619471X

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Robust and reliable measures of consumer expenditures are essential for analyzing aggregate economic activity and for measuring differences in household circumstances. Many countries, including the United States, are embarking on ambitious projects to redesign surveys of consumer expenditures, with the goal of better capturing economic heterogeneity. This is an appropriate time to examine the way consumer expenditures are currently measured, and the challenges and opportunities that alternative approaches might present. Improving the Measurement of Consumer Expenditures begins with a comprehensive review of current methodologies for collecting consumer expenditure data. Subsequent chapters highlight the range of different objectives that expenditure surveys may satisfy, compare the data available from consumer expenditure surveys with that available from other sources, and describe how the United States’s current survey practices compare with those in other nations.


Consumer Expenditure Survey, 2002-2003

Consumer Expenditure Survey, 2002-2003

Author:

Publisher: Bureau of Labor Statistics

Published: 2006

Total Pages: 0

ISBN-13: 9780160757815

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Presents data on the buying habits of American consumers for 2002 and 2003. Provides a complete accounting of consumer expenditures and income.