Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: doug9732
No, this has to do with the switchover from the SIC Codes to the NAICS Codes for collecting, sorting and analyzing data. I do econometrics for a large company and we're struggling with the switchover as well.
3 posted on 03/12/2004 2:38:54 PM PST by So Cal Rocket (If consistency is the hobgoblin of small minds, John F. Kerry’s mind must be freaking enormous)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: So Cal Rocket
No, this has to do with the switchover from the SIC Codes to the NAICS Codes for collecting, sorting and analyzing data

This is why I think the government should just release the raw data and let the market figure out an algorithm to combine it all together. That way everything's out in the open and more can be gained from the data instead of just one singular number.

Competing methods will come up, but I believe it will offer a better picture of the economy. Who knows how that figure is calculated now?
6 posted on 03/12/2004 2:49:21 PM PST by lelio
[ Post Reply | Private Reply | To 3 | View Replies ]

To: So Cal Rocket
What is it, technically or logistically, that makes this switchover difficult, please?
7 posted on 03/12/2004 2:51:19 PM PST by Starwind (The Gospel of Jesus Christ is the only true good news)
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson