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The role of BLS import and export price indexes in the real GDP.

The article discusses the use of import and export indexes from the U.S. Bureau of Labor Statistics (BLS) International Price Program (IPP) in calculating the real gross domestic product (GDP). Topics include the role of the BLS in the creation of economic measure, the foreign component of GDP, and...

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Publicado en:Monthly Labor Review pp. 35 - 42
Formato: Artículo
Publicado: US Department of Labor Jun2015
Materias:
United States. Bureau of Labor Statistics
Economics
United States gross domestic product
Exports & economics
Imports
Price indexes
Acceso en línea:Ver este registro en EBSCOhost
Sumario:The article discusses the use of import and export indexes from the U.S. Bureau of Labor Statistics (BLS) International Price Program (IPP) in calculating the real gross domestic product (GDP). Topics include the role of the BLS in the creation of economic measure, the foreign component of GDP, and the importance of import and export price indexes to government policymakers and private business.