U.S. Consumer Expenditure data are primarily used to revise the relative importance of goods and services in the Consumer Price Index market basket.
Notes on verification
Verbatim match with BLS and FRED descriptions of CE data usage; corroborated by multiple independent sources including BLS Monthly Labor Review and ICPSR summaries. [tier=silver indep_score=0.875 clusters=2 claim_tier=everyday]
Sources
- CE home : U.S. Bureau of Labor Statistics (seed:economics_and_business)
- https://fred.stlouisfed.org/release?rid=479 (corroboration)
- https://www.icpsr.umich.edu/web/NADAC/studies/36170/summary (corroboration)