Reengineering the Census Bureau's Annual Economic Surveys

Download or read book Reengineering the Census Bureau's Annual Economic Surveys written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2018-10-12 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Census Bureau maintains an important portfolio of economic statistics programs, including quinquennial economic censuses, annual economic surveys, and quarterly and monthly indicator surveys. Government, corporate, and academic users rely on the data to understand the complexity and dynamism of the U.S. economy. Historically, the Bureau's economic statistics programs developed sector by sector (e.g., separate surveys of manufacturing, retail trade, and wholesale trade), and they continue to operate largely independently. Consequently, inconsistencies in questionnaire content, sample and survey design, and survey operations make the data not only more difficult to use, but also more costly to collect and process and more burdensome to the business community than they could be. This report reviews the Census Bureau's annual economic surveys. Specifically, it examines the design, operations, and products of 11 surveys and makes recommendations to enable them to better answer questions about the evolving economy.