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Reference Period
In economics, a base period or reference period is a point in time used as a reference point for comparison with other periods. It is generally used as a benchmark for measuring financial or economic data. Base periods typically provide a point of reference for economic studies, consumer demand, and unemployment benefit claims. In public transport scheduling, the base period is the period of reduced service on weekdays that generally exists between the morning and afternoon rush hours. See also * Base period price * Bureau of Labor Statistics * Economic indicator * Gross domestic product * Consumer price index References External links Base period in glossary U.S. Bureau of Labor Statistics Division of Information Services The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics and serves as a principal agency of t ... B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reference Point (other)
{{disambiguation, type=math, sociology, or chemistry ...
Reference point or similar may refer to: Mathematics and science * Reference point (physics), used to define a frame of reference *Reference point, a point within a reference range or reference interval, which is a range of values found in healthy persons *Reference point, a measurement taken during a standard state or reference state, used in chemistry to calculate properties under different conditions Other uses *Reference Point (horse), a 1980s British racehorse *Reference point, a benchmark utility level in prospect theory *'' Reference Point'', a 1990 Acoustic Alchemy album See also * Benchmark (other) *Reference (other) A reference is a relationship in which one object designates or links to another. Reference or reference point may also refer to: *Reference (computer science) **Reference (C++) * ''Reference'' (film), a 1985 Bulgarian film *Reference, a citatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Transport Timetable
A public transport timetable (also timetable and North American English schedule) is a document setting out information on public transport service times, to assist passengers with planning a trip. Typically, the timetable will list the times when a service is scheduled to arrive at and depart from specified locations. It may show all movements at a particular location or all movements on a particular route or for a particular stop. Traditionally this information was provided in printed form, for example as a leaflet or poster. It is now also often available in a variety of electronic formats. In the 2000s public transport route planners / intermodal journey planners have proliferated and offer traveller the convenience that the computer program looks at all timetables so the traveller doesn't need to. A "timetable" may also refer to the same information in abstract form, not specifically published, e.g. "A new timetable has been introduced". History The first compilation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rush Hour
A rush hour (American English, British English) or peak hour (Australian English) is a part of the day during which traffic congestion on roads and crowding on public transport is at its highest. Normally, this happens twice every weekday: once in the morning and once in the afternoon or evening, the times during which the most people commute. The term is often used for a period of peak congestion that may last for more than one hour. The term is very broad, but often refers specifically to private automobile transportation traffic, even when there is a large volume of cars on a road but not many people, or if the volume is normal but there is some disruption of speed. By analogy to vehicular traffic, the term Internet rush hour has been used to describe periods of peak data network usage, resulting in delays and slower delivery of data packets. Definition The name is sometimes a misnomer, as the peak period often lasts more than one hour and the "rush" refers to the volume ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Base Period Price
A base period price is the average price for an item in a specified time period used as a base for an index, such as 1910–14, 1957–59, 1967, 1977, or 1982. Time series of data are often deflated to a base period price. Such deflated time series are referred to as constant dollar values (versus nominal dollar values). References *{{CRS, article = Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition, url = https://web.archive.org/web/20110810044532/http://ncseonline.org/nle/crsreports/05jun/97-905.pdf, author= Jasper Womach Pricing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bureau Of Labor Statistics
The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics and serves as a principal agency of the U.S. Federal Statistical System. The BLS collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, other Federal agencies, State and local governments, business, and labor representatives. The BLS also serves as a statistical resource to the United States Department of Labor, and conducts research measuring the income levels families need to maintain a satisfactory quality of life. BLS data must satisfy a number of criteria, including relevance to current social and economic issues, timeliness in reflecting today's rapidly changing economic conditions, accuracy and consistently high statistical quality, impartiality in both subject matter and presentation, and accessibility t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Indicator
An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. One application of economic indicators is the study of business cycles. Economic indicators include various indices, earnings reports, and economic summaries: for example, the unemployment rate, quits rate (quit rate in American English), housing starts, consumer price index (a measure for inflation), Inverted yield curve, consumer leverage ratio, industrial production, bankruptcies, gross domestic product, broadband internet penetration, retail sales, price index, and money supply changes. The leading business cycle dating committee in the United States of America is the private National Bureau of Economic Research. The Bureau of Labor Statistics is the principal fact-finding agency for the U.S. government in the field of labor economics and statistics. Other producers of economic indicators includes the United Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Domestic Product
Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. List of countries by GDP (nominal) per capita, GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation, inflation rates of the countries; therefore, using a basis of List of countries by GDP (PPP) per capita, GDP per capita at purchasing power parity (PPP) may be more useful when comparing standard of living, living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the GDP per capita, p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Price Index
A consumer price index (CPI) is a price index, the price of a weighted average market basket of consumer goods and services purchased by households. Changes in measured CPI track changes in prices over time. Overview A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, being combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the index. It is one of several price indices calculated by most national statistical agencies. The annual percentage change in a CPI is used as a measure of inflation. A CPI can be used to index (i.e. adjust for the effect of inflation) the real value of wages, salaries, and pensions; to regulate prices; and to deflate monetary magnitudes to show changes in real values. In most c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Data
Economic data are data describing an actual economy, past or present. These are typically found in time-series form, that is, covering more than one time period (say the monthly unemployment rate for the last five years) or in cross-sectional data in one time period (say for consumption and income levels for sample households). Data may also be collected from surveys of for example individuals and firms or aggregated to sectors and industries of a single economy or for the international economy. A collection of such data in table form comprises a data set. Methodological economic and statistical elements of the subject include measurement, collection, analysis, and publication of data. 'Economic statistics' may also refer to a subtopic of official statistics produced by official organizations (e.g. statistical institutes, intergovernmental organizations such as United Nations, European Union or OECD, central banks, ministries, etc.). Economic data provide an empirical basis for e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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