I am interested in using monthly CPS data on demographic and economic indicators in a state-level time series analysis. This project will combine data from multiple sources, all with state-level variable at the monthly level (e.g., monthly unemployment, monthly incarceration rate, monthly crime rate). The CPS variables I am interested in are at the person level (age, race, marital status, educational attainment, labor force status, etc). I am only interested in using data from a single state, and would like to compute monthly summary statistics for these variables (e.g., median age in the state, percent of residents that are male in the state, percent of residents that are white in the state, etc.). My plan is to recode the data into binary indicators and average all of the responses for a given month to get a proportion of residents meeting a certain characteristic, I see that the CPS data are supposed to be representative at the state level, but I am curious if I need to weight these data in order to ensure my monthly estimates are not biased.
Thank you in advance for any advice!