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Economic statistics: new needs for the twenty-first century - opening remarks


  • Jamie B. Stewart


The purpose of this conference was to deepen our understanding of some of the key conceptual issues current facing those charged with measuring the performance of the U.S. economy and other economies around the globe. The speakers discussed recent efforts to improve economic and financial data and explore strategies for meeting the challenges that lay ahead. The conference focused on four key areas: 1) the measurement of intangible capital, 2) the measurement of service sector output, prices and productivity, 3) the measurement of international capital positions and flows, and 4) the use of hedonic indexes to measure prices while controlling for changes in quality.

Suggested Citation

  • Jamie B. Stewart, 2003. "Economic statistics: new needs for the twenty-first century - opening remarks," Economic Policy Review, Federal Reserve Bank of New York, issue Sep, pages 3-4.
  • Handle: RePEc:fip:fednep:y:2003:i:sep:p:3-4:n:v.9no.3

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    References listed on IDEAS

    1. Baumol, William J, 1972. "Macroeconomics of Unbalanced Growth: Reply," American Economic Review, American Economic Association, vol. 62(1), pages 150-150, March.
    2. Martin Neil Baily & Robert J. Gordon, 1988. "The Productivity Slowdown, Measurement Issues, and the Explosion of Computer Power," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 19(2), pages 347-432.
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