economic index

Target and coverage

Record the target construct, covered units and exclusions before interpreting observations.

1. What economic phenomenon does this index claim to measure or summarize? definition
2. Which territories, populations, sectors and components are included or excluded? boundary

Variant identification

Identify the selected series by authoritative identifier and economically meaningful variant.

1. Which producer identifier identifies this series, including its geographic and adjustment variant? provenance
2. Does the name denote an index family, a specific series, a single observation or a publication containing it? boundary

Component evidence

Record component eligibility, source lineage and handling of absent or changing inputs.

1. Which surveys, administrative records, transactions or other observations supply the components? provenance
2. How are components selected, replaced and treated when observations are missing or no longer comparable? measurement

Construction rule

Record the formula, transformations, weighting basis and update schedule needed to explain movements.

1. What formula combines the components, including normalization, sign reversal or other transformations? measurement
2. What determines component weights, and when are weights or constituents updated? measurement

Level interpretation

Distinguish a relative scale from a bounded score, balance or other index convention.

1. What does an index level mean, and what reference level, range or threshold defines its scale? definition
2. If applicable, which periods serve as the index, price and weight references, and are they different? measurement

Comparison conditions

Identify which transformations and comparisons preserve the intended economic meaning.

1. Are the observations comparable in coverage, seasonal treatment, calendar treatment and methodology? boundary
2. Does this scale support percentage changes, point differences or another comparison, and how must rebasing or chain linking be handled? action

Vintage-specific observation

Attach each value to its observation period, release timestamp and status.

1. What period does this value represent, and when was this version first published? measurement
2. Which authoritative release preserves the value available at the decision date? provenance

Continuity assessment

Record revision policy, methodological breaks and the treatment of earlier observations.

1. Which observations may be revised, for what reasons, and under what release policy? provenance
2. After a methodology or coverage change, was history recalculated, linked or left with an explicit break? boundary

Interpretive support

Assess representativeness, uncertainty and the distinction between measured movement and an explanation for it.

1. What sampling, coverage, model or revision uncertainty is documented, and what remains unquantified? measurement
2. Which conclusions are supported by a movement in this index, and which require separate evidence about causes or excluded populations? boundary

Use compatibility

Evaluate series selection, allowed reuse and treatment of revisions for the intended application.

1. For the intended comparison, deflation, monitoring or indexation task, which series variant and revision convention are required? action
2. What attribution, redistribution or licensing conditions apply to the observations and methodology being reused? action

Check these first

Recalled without web access and unsourced; every item is a lead to verify.

1. Which of these check these first hold for the sense of economic index this model covers, and on what evidence? provenance

Kinds and varieties

Recalled without web access and unsourced; every item is a lead to verify.

1. Which of these kinds and varieties hold for the sense of economic index this model covers, and on what evidence? provenance

Identifiers and schemes

Recalled without web access and unsourced; every item is a lead to verify.

1. Which of these identifiers and schemes hold for the sense of economic index this model covers, and on what evidence? provenance

Standards and regulation

Recalled without web access and unsourced; every item is a lead to verify.

1. Which of these standards and regulation hold for the sense of economic index this model covers, and on what evidence? provenance

Real-world use

Recalled without web access and unsourced; every item is a lead to verify.

1. Which of these real-world use hold for the sense of economic index this model covers, and on what evidence? provenance

Typical measurements

Recalled without web access and unsourced; every item is a lead to verify.

1. Which of these typical measurements hold for the sense of economic index this model covers, and on what evidence? provenance

Failure modes and hazards

Recalled without web access and unsourced; every item is a lead to verify.

1. Which of these failure modes and hazards hold for the sense of economic index this model covers, and on what evidence? provenance

Regional variation

Recalled without web access and unsourced; every item is a lead to verify.

1. Which of these regional variation hold for the sense of economic index this model covers, and on what evidence? provenance

Neighbouring kinds and how to tell them apart

Recalled without web access and unsourced; every item is a lead to verify.

1. Which of these neighbouring kinds and how to tell them apart hold for the sense of economic index this model covers, and on what evidence? provenance