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Blending data to understand the economic impact of COVID-19

Blending data to understand the economic impact of COVID-19 The data demands during the pandemic heightened the need to blend information from numerous sources to get a more timely and granular picture of economic developments. Ongoing efforts include the Chicago Fed’s weekly retail sales estimate, the Census Bureau’s work on higher-frequency state-level retail sales data, the Federal Reserve Board’s computations of business closures and weekly payrolls, and the academic Opportunity Insights team’s estimates of spending, business revenues and employment by income and ZIP code. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Business Economics Springer Journals

Blending data to understand the economic impact of COVID-19

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References (8)

Publisher
Springer Journals
Copyright
Copyright © This is a U.S. government work and not under copyright protection in the U.S.; foreign copyright protection may apply 2022
ISSN
0007-666X
eISSN
1554-432X
DOI
10.1057/s11369-021-00250-3
Publisher site
See Article on Publisher Site

Abstract

The data demands during the pandemic heightened the need to blend information from numerous sources to get a more timely and granular picture of economic developments. Ongoing efforts include the Chicago Fed’s weekly retail sales estimate, the Census Bureau’s work on higher-frequency state-level retail sales data, the Federal Reserve Board’s computations of business closures and weekly payrolls, and the academic Opportunity Insights team’s estimates of spending, business revenues and employment by income and ZIP code.

Journal

Business EconomicsSpringer Journals

Published: Apr 1, 2022

Keywords: Blended data; Pandemic; Private data; Public data; Weekly data

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