Economic Statistics: Hearings Before the Subcommittee on the Economic Statistics of the Joint Committee on the Economic Report, Congress of the United States, Eighty-third Congress, Second Session Pursuant to Sec. 5 (a) of Public Law 304, 79th Congress. July 12 and 13, 1954

Front Cover
U.S. Government Printing Office, 1954 - United States - 363 pages
Examines usefulness and accuracy of Federal economic indicators.

From inside the book

Other editions - View all

Common terms and phrases

Popular passages

Page 262 - Committee of the National Bureau of Economic Research at the request of the Office of Statistical Standards of the Bureau of the Budget.
Page 3 - State and local governments, and other groups, as it deems advisable; (2) the Council shall, to the fullest extent possible, utilize the services, facilities, and information (Including statistical information) of other Government agencies as well as of private research agencies, in order that duplication of effort and expense may be avoided.
Page 183 - employed" even though they work less than full time. In other words, employment 'Employment and Unemployment, Report of the Sub-committee on Unemployment of the Joint Committee on the Economic Report, Congress of the United States, (Washington: Government Printing Office, 1950), p.
Page 3 - ... determining whether such developments and trends are interfering, or are likely to interfere, with the achievement of such policy, and to compile and submit to the President studies relating to such developments and trends...
Page 91 - ... the index of prices paid by farmers including interest, taxes, and wage rates), farmers' average purchasing power per unit of farm commodities is as high as, or higher than, it was in 1910-1914.
Page 163 - States and such levels needed to carry out the policy declared in section 2; (2) current and foreseeable trends in the levels of employment, production, and purchasing power; (3) a review of the economic program of the Federal Government and a review of economic conditions affecting employment hi the United States or any considerable portion thereof during the preceding year and of their effect upon employment, production, and purchasing power...
Page 243 - The report of the income and expenditure study made in 1942 by the Bureau of Labor Statistics and the Bureau of Human Nutrition and Home Economics is a second illustration of the type of disclosure and discussion that is most useful.
Page 252 - The Special Assistant to the President for Science and Technology now gives the President advice on scientific and technical questions. He and his Office function in much the same way as other professional and institutional advisers to the President such as the Bureau of the Budget and the Council of Economic Advisers. The day-to-day working relationships among the Office of the Special Assistant, the Bureau, and the Council are extremely close.
Page 163 - Report") setting forth (1) the levels of employment, production, and purchasing power obtaining in the United States and such levels needed to carry out the policy declared in section 2; (2) current and foreseeable trends in the levels of employment, production, and purchasing power...
Page 146 - It is the most complex and difficult of all the long-range domestic problems we have to face. It involves a study of price levels and wage levels and their relation to each other; a study of methods of preventing monopoly control in industry and labor from distorting prices and wages; a study of spending for consumption and for capital investment; a study of individual and corporate savings; and a study of many other economic forces bearing on a stable economy.

Bibliographic information