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This article introduces Producer Price Index (PPI) research series calculated with a geometric-mean (geomean) formula and explains the formula’s methodological advantages. The article also compares official and geomean PPIs to illustrate how formula choice affects index values.
Read full article »In this book, economist Jeremy Greenwood develops economic models to study long-term changes in the household sector.
View all Book Reviews »Research analyzes Keynes’s theory of economic growth.
Researchers find that the causes of U.S. import inflation depend on when the inflation was.
Gross domestic product, employment, and inflation figures were all positively received in 2023, but consumer sentiment was low.
View all Beyond BLS »A look at changes in travel spending during the 1970s.
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