What distinguishes the CES geographic data from other economic data? Are there potential problems with using the data?
Advantages of CES Geographic Data CES data are a coincident economic indicator and are often cited in national and local newspapers, magazines, and reports. This press generates enthusiasm, curiosity and a wealth of outside material for supplementary reading. The College of Business Administration at the University of South Carolina uses seasonally adjusted employment as an indicator of current employment trends in South Carolina. The regional Federal Reserve Banks use CES data in easy-to-understand economic applications. For example, the edition of the Southwest Economy from the Federal Reserve Bank of Dallas used employment and unemployment data in two different articles: one explaining the Phillips curve and another describing the changing job market. Students and faculty can write the regional FRBs to be placed on their mailing lists. The Philadelphia, Dallas, Boston, Cleveland, and San Francisco FRBs provide excellent articles for undergraduate students. CES data are tangible and
Related Questions
- What distinguishes the CES geographic data from other economic data? Are there potential problems with using the data?
- Where can I obtain this type of demographic and economic data for areas not in Geographic Profile?
- Why start with the big data centers? Doesn’t that increase the potential for problems?
