Measuring Business Activity: An Introductions to the Contributions of Mr. Persons, Mr. Schumpeter, Mr. Haberler, and Mr. Eckstein

John B. Guerard ()
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John B. Guerard: McKinley Capital Management, LLC

Chapter Chapter 3 in The Leading Economic Indicators and Business Cycles in the United States, 2022, pp 49-78 from Springer

Abstract: Abstract How does one measure business activity? Can one construct a general business barometerBusiness barometer to measure economic activity? In 1919, Warren PersonsWarren Persons joined the Harvard faculty and became head of the “Harvard Economic ServiceHarvard Economic Service (HES)” and the founding editor of the Review of Economics and Statistics. In these capacities, Mr. Persons created and maintained an “economic barometer,” which measured economic activity in the U.S. economy.

Date: 2022
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DOI: 10.1007/978-3-030-99418-1_3

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