Table 2 Data sources, variables, and their uses in estimation
Data source | Variables | Uses |
|---|---|---|
First Data (FD) | Transaction value, or spend, by geography, industry, and month Number of merchants by geography, industry, and month | Adjusting FD spend for FD merchant coverage Calculating dependent variables |
U.S. Census Bureau Monthly Retail Trade Survey (MRTS) | Retail sales for the United States by industry and month | Calculating dependent variables Benchmarking |
U.S. Census Bureau 2012 Economic Census (EC) | Retail sales by state and industry for 2012 | Accounting for suppressed FD spend Model covariates Validating experimental estimates |
U.S. Census Bureau County Business Patterns (CBP) | Number of employer establishments by state and industry for 2015 and 2016 | Adjusting FD spend for FD merchant coverage |
U.S. Census Bureau Nonemployer Statistics (NES) | Number of nonemployer establishments by state and industry for 2015 and 2016 | Adjusting FD spend for FD merchant coverage |
U.S. Census Bureau Population Estimates Program (PEP) | Resident population by state and year | Model covariates |
Bureau of Economic Analysis State Personal Income (SPI) | Accommodation and food earnings by state and quarter Construction earnings by state and quarter Retail trade earnings by state and quarter | Model covariates |
Bureau of Labor Statistics Quarterly Census of Earnings and Wages (QCEW) | Number of employees by state, industry, and month | Validating experimental estimates |