Data
Robust consumption project
Robust consumption project
This project developed consumption variables that measure consumption during the Covid recession, adjusting for the decline in goods and services associated with non-economic factors.
The resulting robust consumption series can be consistently compared to consumption during previous recessions. In the paper, I use this to infer household expectations of the economic forces of the recession. The robust series are also useful for time series analysis.
The series is available to download in *.xlsx format, both in levels and HP filtered. Included series:
consumption, non-durables, services, and durables (robust and other)
prices for robust consumption, robust durables other durables
Latest data (September 2023)
