AnnElizabeth McMahon
@Economist_AE
Followers
2K
Following
5K
Media
670
Statuses
2K
With the annual benchmark revision, the recent historical drop in job growth now aligns more clearly to the slowdown in immigration, which began in 2024 and accelerated in 2025. Revisions resolve puzzles!
2
14
39
Thrilled to share I’m joining Economist Niche! Labor market & education are intertwined, so I’m still here for all things labor. Grateful to my Indeed Hiring Lab colleagues—5 amazing years! Still taking interviews & speaking invites. Can’t wait to share more!
1
1
1
You: "It's 4:30 on CPI day. I've seen all the best inflation graphs by now..." CEA: "I don't think so!" Here's a great figure from BLS showing the share of the 181 strata (basic components in the index) that grew <2%. It's >60% and *back to pre-pandemic levels.*
17
26
137
See today's blog for more. 2/ https://t.co/orIVyN9dnJ
1
6
15
CPI inflation came in softer than expected in June, with headline prices falling 0.1% & core prices rising 0.1%. After some stronger-than-expected readings earlier this year, disinflation seen over the second half of 2023 appears to be back on track. 1/
11
38
176
I'm excited to announce that last week I started a detail as a Policy Economist at @WhiteHouseCEA . I'm excited and humbled to serve at CEA and am grateful to my @CommerceGov colleagues for facilitating this detail opportunity!
3
2
50
Taylor Swift concerts influencing monetary policy will never not be amusing to me. TD on UK inflation:
14
54
266
This Memorial Day — amid the parades and celebrations — we pause to reflect on the heroic actions of the service members who made the ultimate sacrifice. Let us find inspiration in their selflessness and be reminded that freedom comes at a great cost.
22
53
198
Carry-on bag vibes at the Van Ness Giant
"Just in from Giant Van Ness" And more gates spotted at Safeway in MVS
0
2
3
Am in @CommerceGov’s public meeting on “Request for Information: AI-Ready Open Government Data Assets” & I don’t think I have ever been more impressed with a federal agency. They are moving SO proactively #opendata #opengov
2
4
11
So excited to announce that @natasharsarin and @dannyyagan and I are launching @the_budget_lab at Yale Law School. Budget scoring is an incredibly important part of the policy process and our hope is to bring a new perspective, with a focus on innovation and transparency. 1/
16
86
334
Released today is Census BTOS data and working paper on AI use by businesses in real time (September 2023-February 2024). Working paper can be found at: https://t.co/hLnKLN8DrS AI use for business purposes remains relatively small but growing. Higher at larger businesses:
2
21
62
Hugely useful work for regional economic analysis. Cost of living varies a lot within some metros — and across non-metro counties. This paper fills in big gaps in local data. Kudos!
I have a new working paper out! Using public data, I estimate experimental county-level regional price parities (RPP) for all counties in the United States. https://t.co/zRgTwA85w6 1/
0
1
6
YOU can explore the data too! Dataset is linked within the blog below. Important caveat 🚨: these estimates are strictly experimental and do not meet U.S. government statistical standards and should not be considered a statistical product. https://t.co/I6XR6uCxoQ /End
commerce.gov
The idea that prices differ by place is a well-known economic concept. Most consumers could easily identify that a day in New York City would cost more than an identical day in rural Texas.
0
2
5
There are also price differentials between the most and least expensive non-metro counties in a state. Plenty of factors drive this but it’s clear that non-metro residents within the same state may face substantially different price experiences. https://t.co/zRgTwA85w6 5/
1
1
2
Among largest “within metro area” price differentials, DC leads. My estimates put Arlington County, VA as being 37% more expensive than Madison County, VA. However, this isn’t the norm. 86% of metro areas have a price differential of less than 10% https://t.co/zRgTwA85w6 4/
1
2
3
Some high-level findings. New York, New York (Manhattan) leads when ranking the counties from most expensive to least. Seven of the top 10 most expensive counties are in NYC, SF or DC metros according to my estimates. https://t.co/zRgTwA85w6 3/
1
1
3
County-level RPP data is not currently available, so I construct estimates using public data and a releveling methodology, along with expenditure weighting. This allows my estimates to be micro-data based while still closely aligning with RPP data from BEA when aggregated. 2/
1
1
2
I have a new working paper out! Using public data, I estimate experimental county-level regional price parities (RPP) for all counties in the United States. https://t.co/zRgTwA85w6 1/
3
8
33