Blending data to understand the economic impact of COVID-19

Scott Brave, Rebecca Hutchinson (), Christopher J. Kurz (), Michael Stepner and Ron Jarmin
Additional contact information
Rebecca Hutchinson: US Census Bureau
Christopher J. Kurz: Board of Governors of the Federal Reserve System

Business Economics, 2022, vol. 57, issue 2, No 4, 64-77

Abstract: 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.

Keywords: Blended data; Pandemic; Private data; Public data; Weekly data (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1057/s11369-021-00250-3

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