Seasonal adjustment. Like many government data series, the CPI is published in both unadjusted and seasonally adjusted
Question:
Seasonal adjustment. Like many government data series, the CPI is published in both unadjusted and seasonally adjusted forms. The BLS says that it “strongly recommends using indexes unadjusted for seasonal variation
(i.e., not seasonally adjusted indexes) for escalation.” “Escalation” here means adjusting wage or other payments to keep up with changes in the CPI. Why is the unadjusted CPI preferred for this purpose?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistics Concepts And Controversies
ISBN: 9781429277761
7th Edition
Authors: David S Moore, William I Notz
Question Posted: