This article presents basic tools for measuring different business lines' contributions to the U.S. economy's business cycles, and it applies these to measure the exposure of a large conglomerate to macroeconomic risks

As the COVID-19 pandemic hit EU countries, the economic impact rapidly became a second area of concern both for politicians and for citizens. The release of quarterly national accounts aggregates, which give an integrated picture of the economic situation, was eagerly anticipated by users of...