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https://www.bls.gov/opub/btn/archive/differences-between-the-consumer-price-index-and-the-personal-consumption-expenditures-price-index.pdf for a description of the difference between CPI and PCE. There may be additional definitions we can get from this document either about PCE or related to inflation calculations. We need to be able to define inflation in terms of CPI and PCE, where currently inflation is poorly defined and under specified. We also need to improve on the definition of GDP.
There is a context sensitive glossary published by the census bureau that may be useful. The American Housing Survey is the main source for information on housing starts, etc. See https://www.census.gov/programs-surveys/ahs.html. Housing is the other area where we need input for economic indicators, mainly to define the housing starts indicator.
Slides from this week, largely the same as last week, are available here –
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