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Overview: Benchmarking is defined as an adjustment of the level of a sub-annual series using auxiliary annual benchmarks. The sub-annual series is modified so that the annual sums of the sub-annual series are equal to the corresponding benchmarks. This is done while preserving the movement in the sub-annual series as much as possible as well as considering that the benchmarks at the end of the series might not be available yet. This paper from SAS Institute presents the innovative implementation of the benchmarking methodology with a complete SAS procedure called PROC BENCHMARKING for UNIX and Microsoft Windows operating systems, using SAS/TOOLKIT.
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