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In the Media | November 2021

New US Consumption Gauge To Include Unpaid Work, Housing

By Jean Yung
New US Consumption Gauge To Include Unpaid Work, Housing

The U.S. Bureau of Labor Statistics will incorporate estimates of the value of unpaid household work and home ownership into a new measure of consumption, aiming for a more comprehensive view of living standards at a time when policymakers are increasingly concerned with addressing inequality.

Read more at: https://marketnews.com/homepage/mni-us-bls-to-develop-novel-consumption-measure

Publication Highlight

Working Paper No. 1042
Saving Social Security
Author(s): Edward Lane
February 2024

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