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Project Information

Project Information


Measuring the Transformation of Retail Trade and Related Activities


Project Scope:

The Committee on National Statistics of the National Academies of Sciences, Engineering, and Medicine shall appoint an ad hoc panel to review the issues related to measuring employment and productivity in retail-related industries for the Bureau of Labor Statistics (BLS) in the U.S. Department of Labor. The expert panel shall evaluate changes in the retail trade landscape and assess how they are impacting measures of employment and productivity in retail-related industries and determine if, and how, a satellite account can be designed to capture this retail transformation. The panel shall carefully review the existing measures as well as the methodological issues surrounding measurement of these concepts. As part of its information-gathering activities, the panel shall hold a public workshop to discuss the views of industry experts, academics doing work in related fields, and data users. The panel shall produce a consensus report, which shall include conclusions and recommendations for BLS on 1) the value and specifications for a satellite account for the retail-related sector, 2) ways to identify the proportion of output, employment and hours outside of retail trade that are directed toward supporting retail trade, and 3) ways to maintain a retail-related satellite account.

Status: Current

PIN: DBASSE-CNSTAT-19-06

Project Duration (months): 18 month(s)

RSO: Harris-Kojetin, Brian

Board(s)/Committee(s):

Committee on National Statistics

Topic(s):

Surveys and Statistics



Geographic Focus:

Committee Membership

Committee Post Date: 04/07/2020

J. S. Landefeld - (Chair)
J. STEVEN LANDEFELD is a consultant to the U.S. Bureau of Economic Analysis in Washington, DC. Prior to this, he served as advisor to the United Nations Statistical Division, visiting professor at the United States Naval Academy, and director of the U.S. Bureau of Economic Analysis. Dr. Landefeld is the recipient of numerous domestic and international awards, including: the Presidential Distinguished Executive Award; the Julius Shiskin Award from the American Statistical Association; the Harry Freeman Award from the Coalition of Services Industries; the Henri Willem Methorst Medal from the International Statistical Institute; and the David O. Cooke Award from the American Society for Public Administration. He currently serves as a fellow of the National Association for Business Economics, and he has testified before Congress on topics ranging from the economic recovery to the measurement of economic wellbeing. He has been regularly cited in national and international print media and has been a regular guest on radio and television, including appearances on C-SPAN, CBS, National Public Radio (NPR), Public Broadcasting Service (PBS), National Broadcasting Company (NBC), CNBC, and Cable News Network (CNN). Dr. Landefeld has B.A., M.A., and Ph.D. degrees in economics, all from the University of Maryland, College Park.
Carol A. Corrado
CAROL A. CORRADO is research director at the Conference Board in Washington, DC. She also works with the Conference Board’s China Center for Research on Economics and Business. Dr. Corrado is a member of the executive committee of the NBER’s Conference on Research on Income and Wealth and is an organizer of a workshop on economic measurement at the NBER’s annual Summer Institute. She has authored key papers on the macroeconomic analysis of intangible investment and capital, including the winner of the International Association of Research on Income and Wealth’s 2010 Kendrick Prize and a paper in, Measuring Capital in the New Economy. Her research on intangibles and innovation has been cited in Businessweek, The Economist, and New York Times. Dr. Corrado received the American Statistical Association’s prestigious Julius Shiskin Award for Economic Statistics in 2003 in recognition of her leadership in these areas and was a recipient of a Special Achievement Award from the Board of Governors of the Federal Reserve System in 1998. She has a B.S.degree in management science from Carnegie-Mellon University, and a Ph.D. in economics from the University of Pennsylvania.
Gregory Duncan
GREGORY DUNCAN is senior principal economist, technologist and machine learning scientist at Amazon, and affiliate professor of economics at the University of Washington. At Amazon, he has worked on addressing numerous econometric and statistical issues throughout the company, including projects related to policy and competition, forecasting, the use of machine learning, and supply chain research. Prior to Amazon, Dr. Duncan held a variety of postions at universities and consulting firms, including: the University of California, Berkeley; Huron Consulting Group; Deloitte Financial Advisory Services; National Economic Research Associates; University of Southern California; GTE Laboratories; Washington State University; and Northwestern University. He is also a co-founder of the Amazon Machine Learning University. Dr. Duncan has a B.A. degree in economics from the University of Washington, and an M.A. degree in statistics and a Ph.D. in economics, both from the University of California, Berkeley.
Teresa C. Fort
TERESA FORT is associate professor of business administration at the Tuck School of Business at Dartmouth College. Dr. Fort also serves as a faculty research fellow at the National Bureau of Economic Research and is a research affiliate at the Centre for Economic Policy Research. She conducts research in international trade and industrial organization and her current work analyzes how technology affects firm-level offshoring and production fragmentation decisions and the impact of these decisions on domestic employment and innovation. Dr. Fort has a B.A. degree from the University of Virginia, and a Ph.D. in economics from the University of Maryland at College Park.
John C. Haltiwanger
JOHN C. HALTIWANGER is distinguished university professor in the Department of Economics at the University of Maryland, College Park. He also serves as research associate at the National Bureau of Economic Research, senior research fellow at the Center for Economic Studies at the U.S. Census Bureau, and fellow of the Society of Labor Economics and the Econometric Society. Dr. Haltiwanger is the first recipient of the Dudley and Louisa Dillard Professorship, which was awarded in 2013, and his work with statistical agencies has been recently recognized with him being awarded the Julius Shiskin Award for economic statistics in 2013 and the Roger Herriott Award for innovation in federal statistics in 2014. His own research increasingly uses the data and measures on firm dynamics from a substantial number of advanced, emerging, and transition economies. Dr. Haltiwanger has published more than 100 academic articles and numerous books including Job Creation and Destruction. He has a Sc.B. in applied mathematicseconomics from Brown University, and a Ph.D. in economics from the Johns Hopkins University.
Dale W. Jorgenson
DALE W. JORGENSON (NAS) is the Samuel W. Morris university professor in the Department of Economics at Harvard University. Dr. Jorgenson was awarded the John Bates Clark Medal by the American Economic Association and served as its president in 2000. He has been honored with numerous honorary doctorates and memberships in the American Philosophical Society, the Royal Swedish Academy of Sciences, the U.S. National Academy of Sciences, and the American Academy of Arts and Sciences. He was a founding member of the Board on Science, Technology, and Economic Policy of the National Research Council and served as its chairman of the Board. Dr. Jorgenson has conducted groundbreaking research on information technology and economic growth, energy and the environment, tax policy and investment behavior, and applied econometrics. He is the author of more than 300 articles in economics and the author and editor of 37 books. He has a B.A. degree in economics from Reed College, and a Ph.D. in economics from Harvard.
Michael Mandel
MICHAEL MANDEL is chief economic strategist at the Progressive Policy Institute (PPI) in Washington, DC, where he supervises PPI’s research and policy work across a wide range of topics. He is also senior fellow at Wharton’s Mack Institute for Innovation Management at the University of Pennsylvania, and president and founder of South Mountain Economics LLC, which provides expertise on emerging occupations and emerging industries. Dr. Mandel has received multiple awards for his work, including the Gerald Loeb Award for Business and Financial Journalism, and is the author of numerous books, including, Rational Exuberance: Silencing the Enemies of Growth and Why the Future Is Better Than You Think. He is currently revising the third edition of his introductory economics textbook, Economics:The Basics. Previously, he served as co-principal investigator for a Sloan Foundation grant on Measuring the Impact of Globalization and has testified before Congress on the impact of regulation on innovation. Dr. Mandel has a Ph.D. in economics from Harvard University.
Kelly McConville
KELLY MCCONVILLE is assistant professor of statistics at Reed College, specializing in survey sampling. In her work, she develops survey estimation techniques that combine data collected under a complex sampling design with auxiliary data sources. Dr. McConville has collaborated with the U.S. Forest Service’s Forest Inventory and Analysis Program and the U.S. Bureau of Labor Statistics. She enjoys teaching her students how to learn from data and introducing them to R (an open source statistical software program) and is a firm believer that undergraduate research enhances the educational experience. Dr. McConville also co-chairs two national programs: the Undergraduate Statistics Project Competition and the Electronic Undergraduate Statistics Research Conference. Dr. McConville has a background in establishment surveys and has previously worked as an American Statistical Association/National Science Foundation/Bureau of Labor Statistics research fellow. She has a B.A. degree in Mathematics from Saint Olaf College, and M.A. and Ph.D. degrees in statistics from Colorado State University.
Leonard. I. Nakamura
LEONARD I. NAKAMURA is emeritus economist of the Federal Reserve Bank of Philadelphia, after having served as vice-president and economist for over 30 years. His research addresses financial economics and economic measurement issues, including intangibles, information flows, and free products. Previously, Dr. Nakamura led the research team responsible for producing the Business Outlook Survey, a regional manufacturing survey, and the State Coincident Indexes, as well as other economic indicators. He also served as economist at Citibank and as senior economic consultant for The Conference Board, a global, independent business membership and research association working in the public interest. Dr. Nakamura has taught courses at the Wharton School of the University of Pennsylvania, Swarthmore College, and Bryn Mawr College, and was previously a faculty member at Rutgers University. He has a B.A. degree in social sciences from Swarthmore College, and M.A. and a Ph.D. degrees in economics from Princeton University.
Wesley Yung
WESLEY YUNG is director of the Economic Statistics Methods Division of Statistics Canada. In this role, he manages a division of 110 methodologists who provide support to the Economic Statistics Field of Statistics Canada. Prior to this, he was assistant director of the division, where he managed 40 methodologists who provided support to annual and sub-annual business surveys and to Tax Data Division. Dr. Yung also served as section chief and senior methodolgist at Statistics Canada. While currently in a management position, he continues to remain active in survey methods research touching variance estimation and, more recently, collection research. Dr. Yung has B.Sc. and M.Sc. degrees in statistics from Dalhousie University in Scotia, and a Ph.D. in statistics from Carleton University in Ontario.

Events


Event Type :  
Meeting

Description :   

This two-day meeting will consist of two closed sessions.


Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Ellie Grimes
Contact Email:  egrimes@nas.edu
Contact Phone:  (202) 334-3459

Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Carol Corrado
Gregory Duncan
Teresa Fort
John Haltiwanger
Dale Jorgenson
Steve Landefeld
Michael Mandel
Kelly McConville
Leonard Nakamura
Wesley Yung

The following topics were discussed in the closed sessions:

The panel discussed its draft report and recommendations.

Date of posting of Closed Session Summary:
September 30, 2020
Publication(s) resulting from the event:

-

Event Type :  
Workshop

Description :   

We will hold a two-day, virtual workshop to discuss the transformation of retail trade, data challenges, and potential solutions. 


Registration for Online Attendance :   
https://www.eventbrite.com/e/48973536165

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Ellie Grimes
Contact Email:  egrimes@nas.edu
Contact Phone:  (202) 334-3459

Supporting File(s)
-
Is it a Closed Session Event?
No

Publication(s) resulting from the event:

-

Event Type :  
TeleConference

Description :   

This meeting will be conducted virtually via Zoom. It will consist of an open session on April 15th and a closed session on April 16th. 


Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Ellie Grimes
Contact Email:  egrimes@nas.edu
Contact Phone:  (202) 334-3459

Supporting File(s)
-
Is it a Closed Session Event?
Some sessions are open and some sessions are closed

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

J. Steven Landefeld
Carol A. Corrado
Gregory Duncan
Teresa C. Fort
John C. Haltiwanger
Dale W. Jorgenson
Michael Mandel
Kelly McConville
Leonard I. Nakamura
Wesley Yung

The following topics were discussed in the closed sessions:

At the closed session of the retail trade meeting the panel discussed what was learned in the open meeting and key topics related to the statement of task:
- How to evaluate changes in the retail trade landscape ad assess how they are
impacting measures of employment and productivity in retail-related industries,
- key issues to address related to determining if and how a satellite account can be
designed to capture the retail transformation, and
- design of a workshop to illuminate the discussion.

Date of posting of Closed Session Summary:
April 22, 2020
Publication(s) resulting from the event:

-

Publications

  • Publications having no URL can be seen at the Public Access Records Office
Publications

No data present.