90 likes | 105 Views
This presentation discusses the funding constraints, expanding demands for data, protecting privacy, politics, and response rates that federal statistics agencies face. It explores the opportunities for leveraging data as a strategic asset, recommendations from the Commission on Evidence-Based Policymaking, and new advances in wage record enhancement, data sharing, and product development. It also touches on the physical move and relocation of the Bureau of Labor Statistics' headquarters and data center.
E N D
Marty Romitti, Ph.D., Senior Vice President, CREC & LMI Institute National LMI Directors Meeting – State Day Phoenix, AZ May 7, 2018
Federal Statistics Primary Statistical Agencies • IRS Statistics of Income Division • Office of Research Evaluation and Statistics SSA • Bureau of Justice Statistics • National Center for Science and Engineering Statistics • Energy Information Administration Office of the Chief Statistician of the United States (OMB) - Coordinates the activities of the federal statistical system & Chairs the Interagency Council on Statistical Policy • US Census Bureau • Bureau of Labor Statistics • Bureau of Economic Analysis • National Center for Health Statistics • National Center for Education Statistics • Bureau of Transportation Statistics • National Agricultural Statistics Service • Economic Research Service BLS produces the following seven Principle Federal Economic Indicators (PFEI), designated by the Office of Management and Budget as the most influential on national financial markets. • The Employment Situation • Producer Price Index • Consumer Price Index • Real Earnings • Productivity and Costs • Employment Cost Index • U.S. Import and Export Price Indices
Recent Budget History Funding for BLS has remained almost flat for the past decade. In that time, BLS’s purchasing power has fallen by nearly $100 M in real dollars while costs and demand for data have risen.
Challenges for Federal Statistics • Funding Constraints –Do More With Less • Expanding Demands for Data • Protecting Privacy • Politics • Response Rates Current Population Survey Response Rate Trend
Opportunities for National LMI Infrastructure • President’s Management Agenda focusing on the cross-agency goal of “leveraging data as a strategic asset.” • Recommendations from the Commission on Evidence-Based Policymaking www.cep.gov • WIOA – prioritizes investments in evidence-based programs • Developing LMI customer use cases • New advances: Wage record enhancement, data sharing, new product development, and related research activities. • Physical move of the Bureau of Labor Statistics’ headquarters, as well as relocation of the data center to a shared facility.
Contact: Marty Romitti (703) 522-4980, x1013 mromitti@crec.net