The Dollar Value of a Day, 2023
- John Ward Economics Team
- Apr 6
- 2 min read
We are excited to announce the release of the 2023 edition of The Dollar Value of a Day (DVD), now available for electronic download or a spiral-bound print edition.
This updated publication continues our commitment to providing reliable and comprehensive data for the Forensic Economics (FE) industry. As part of this effort, we’ve incorporated updates and enhancements to ensure clarity, precision, and usability.
What’s New in the 2023 Edition?
The four significant updates introduced last year remain integral to this edition:
Variance Calculation: Variance is calculated for each day rather than clustering the work week, aligning with the American Time Use Survey (ATUS).
Replication Weights: Variance is now calculated using ATUS’s 160 replication weights for increased accuracy.
Confidence Intervals: The 95% confidence interval replaces percent standard error, ensuring more intuitive reporting.
Hourly Valuations: Hourly valuations apply BLS OEWS data to weekly time allocations, with median estimates used for tables with limited observations.
Additionally, the 2023 edition now features notable citations in federal reports, academic journals, and surveys, further solidifying its value as a trusted resource in forensic economics.
Acknowledging Past Contributions
While this edition reflects ongoing advancements, we also honor the foundational work of Dr. Kurt Krueger, whose decades-long contributions helped shape the FE industry and Expectancy Data publications. His legacy continues to inspire our dedication to excellence in forensic economic research.
Order Your Copy Today
Visit www.ExpectancyData.com to purchase your copy of the 2023 DVD edition and explore other Expectancy Data publications.
What's Next?
Dr. William Rogers has been working through changes to the underlying survey data to continue the product updates.
Thank you for your continued support of Expectancy Data and our mission to advance forensic economic research. If you have any questions or need assistance, feel free to contact us directly at Publisher@ExpectancyData.com or (913) 381-9420.
The Dollar Value of a Day (DVD) 2023 is now available at www.ExpectancyData.com for electronic download or, by special request, in a spiral-bound print edition.Â
$269/PDF or $289/spiral bound print
