Thursday, September 22, 2011

AEA to Hold Briefing on Funding for Economic Census

The American Economic Association is holding a briefing on capitol hill on Monday to discuss the funding needed for the economic census. According to AEA, the Census Bureau has said that there is inadequate funding in 2012 to continue the program.

The briefing is titled "Hi-Beams for the Economic Road Ahead: The Importance of the 2012 Economic Census for Business and Government Decision-Making" and will be held on Monday, September 26 from 12:00-1:15 pm. The briefing is being held in conjunction with the offices of Representatives John Campbell and Carolyn Maloney. You can learn more, including how to RSVP in the flyer for the event. The description for the briefing provided by AEA is included below:
During these topsy-turvy economic times, federal and local policymakers and business and industry leaders depend on data from the U.S. Economic Census to assess and forecast the state of the economy. The Economic Census provides the foundation for measures of economic growth, productivity, prices, product markets, business startups, and other information invaluable to decision-makers in the private and public sectors alike.

Numbers gathered through the 2012 Economic Census are essential to support informed economic and business decision-making in the crucial years immediately ahead. The Census Bureau says that inadequate fiscal year 2012 funding will result in the cancellation of this vital national resource.

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