The idea is to relate economic activity, measured in cash terms, to environmental magnitudes measured in physical units.
"The committee found that economic activity measured by production was close to flat from roughly September 2007 to roughly June 2008, while activity measured by employment reached a clear peak in December 2007," the bureau said.
For statistical support, he points to the OECD's leading indicator of economic activity, which measures factors such as electricity production, freight activity and money supply.
American firms, excluding farms, shed 216,000 workers from their payrolls in August, the smallest decline in a year.A composite index of Japanese economic activity, including measures of manufacturing output and retail sales, rose in July to its highest level since December 2008.
Costanza [39] found that measuring the impact of ecosystems on human economic activity or measuring the impact of the economy on ecosystems is extremely beneficial to understand how to maintain environmental systems.
The Conference Board forecasts economic activity by measuring claims for jobless benefits, stock prices, consumer expectations, building permits for private homes, the money supply and other data.
Growth economists doing research in that field try to develop models that explain the fluctuations in economic activity, as measured primarily by changes in GDP.
But as China's earthquake showed, a one-off loss of wealth need not necessarily cause prolonged disruption to economic activity as measured by GDP.
Business cycle, periodic fluctuations in the general rate of economic activity, as measured by the levels of employment, prices, and production.
Economic activity, as measured by gross domestic product, rose at an annual rate of only 2percentt in the July-through-September quarter, not the 2.5percentthatathehe Commerce Department estimated late last month.
