Skip to main content

May/June 1997, 
Vol. 79, No. 3
Posted 1997-05-01

Measuring Consumption: The Post-1973 Slowdown and the Research Issues

by Jack E. Triplett

The author first reviews the slowdown in consumption growth rates and then turns to the measures of current-dollar consumption expenditures—the numerator of the real consumption ratio. He then discusses the price statistics used for deflation, with particular attention given to the report of the CPI Commission (1996).