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Suggested Citation:"Appendix A: Agenda for the Panel's Workshop." National Academies of Sciences, Engineering, and Medicine. 2021. A Satellite Account to Measure the Retail Transformation: Organizational, Conceptual, and Data Foundations. Washington, DC: The National Academies Press. doi: 10.17226/26101.
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Page 84
Suggested Citation:"Appendix A: Agenda for the Panel's Workshop." National Academies of Sciences, Engineering, and Medicine. 2021. A Satellite Account to Measure the Retail Transformation: Organizational, Conceptual, and Data Foundations. Washington, DC: The National Academies Press. doi: 10.17226/26101.
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Page 85

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Prepublication copy, uncorrected proofs Appendix A Agenda for the Panel’s Workshop Consensus Panel Study on Measuring the Transformation of Retail Trade and Related Activities Meeting 2: June 22-23, 2020 Virtual workshop to discuss the transformation, data challenges, and potential solutions Monday, June 22, 2020 10:00-10:25 Welcome and Overview of the Workshop 10:00-10:05 Welcome, Brian Harris-Kojetin, director of CNSTAT 10:05-10:10 Welcome, Lucy Eldridge, BLS 10:10-10:25 Workshop overview, J. Steven Landefeld, panel chair What Is Retail and How Is It Changing? 10:25-11:25 Research on Retail Changes. Moderator: Gregory Duncan, panel member 10:25-10:45 Emek Basker, US Census Bureau; Chad Syverson, University of Chicago; and Steve Noble, McKinsey. Statements of participants. 10:45-11:05 Panel discussion 11:05-11:25 Discussion 11:25-11:40 Break 11:40-12:50 Industry Perspectives of Industry Changes: Past, Present, Future Moderator: Jack Kleinhenz, Retail Trade Federation 11:40-11:45 Overview: Jack Kleinhenz, Retail Trade Federation 11:45-12:05 Statements by panelists. Drew Spata, Macy’s; David Glick, FLEXE (formerly Amazon); Richard Phillips, Yale Divinity School (former chairman and former CEO of Pilot Freight Services); Anne Goodchild, University of Washington 12:05-12:25 Panel discussion 12:25-12:50 Discussion 12:50-2:00 Lunch break Key Measurement and Data Challenges 2:00-4:00 Data: Availability, Needs, Discrepancies, and Gaps. A panel discussion. Moderator: Wesley Yung, panel member 84

Prepublication copy, uncorrected proofs 2:00-2:35 Initial statement by panelists. Panelists: Ken Robertson, BLS; Jon D. Samuels, BEA; Matthew Russell, BLS; Leland Crane, Federal Reserve; Ian Thomas, Census Bureau; Edward Watkins, Census Bureau. 2:35-3:15 Panel discussion 3:15-3:30 Break 3:30-4:00 Discussion 4:00 Adjourn Tuesday, June 23, 2020 Potential Improvements to Measuring Employment and Productivity in Retail-related Sectors 10:00-11:30 Towards a BLS Satellite Account for Retail: Moderator: Carol Corrado, panel member 10:00-11:00 Panel discussion. Panelists: Brian Chansky, BLS; Tina Highfill, BEA; Philip Smith, Statistics Canada (retired); Marshall Reinsdorf, International Monetary Fund 11:00-11:10 Discussant: Leonard Nakamura, panel member 11:10-11:30 Discussion 11:30-11:45 Break 11:45-12:30 Quality-adjusted Prices for Retail. Moderator: Dale Jorgensen, panel member 11:45-12:00 Ana Aizcorbe, BEA 12:00-12:15 Brendan Williams and Bonnie Murphy, BLS 12:15-12:30 Discussion 12:30-2:00 Lunch break 2:00-3:00 Uses of Bottom-Up in Measuring Employment and Productivity. Moderator: Kelly McConville, panel member 2:00-2:30 Teresa Fort and John Haltiwanger, panel members 2:30-3:00 Discussion 3:00-3:20 Break 3:20-4:20 Global Value Chains. Moderator: Michael Mandel, panel member 3:20-3:40 Dominic Smith, BLS 3:40-4:00 Robert Feenstra, UC Davis 4:00-4:20 Discussion 4:20 Adjourn 85

Next: Appendix B: Retail Output, Hours and Labor Productivity, 1997-2018 »
A Satellite Account to Measure the Retail Transformation: Organizational, Conceptual, and Data Foundations Get This Book
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Retail trade has experienced dramatic changes over the past several decades in the United States, with changes in the types of outlets where goods are sold, the nature of the transactions that provide goods to consumers, and the structure of retail operations behind the scenes. The recent changes include the rise of warehouse stores and e-commerce and the further growth of imports and large retail chains. These changes highlight and typify many aspects of the broader evolution of the economy as a whole in recent years - with the growing role of large firms and information technology - while taking place in a sector that directly serves the vast majority of the American population and provides substantial employment.

Despite the everyday experience of these dramatic changes in retail, there is concern that the most transformational aspects of those changes may not be captured well by the economic indicators about the sector. In order to develop appropriate economic policies, we need to be able to capture more detailed data, including data about changes to productivity.

At the request of the U.S. Bureau of Labor Statistics, this report evaluates changes in the retail trade sector, assesses measures of employment and labor productivity for the sector, and recommends a new satellite account that could measure retail-related employment and labor productivity in ways that would better capture the transformation.

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