In the wake of the shutdown, which lasted 43 days, we are left with an incomplete and inaccurate economic picture.
Data is finance’s new currency, healthcare’s latest wonder drug, and the energy sector’s new oil. Another day, another Big Data analogy. All of the hype doesn’t change the fact that businesses across ...
The stock market is closed on Monday, Jan. 19 in observance of Martin Luther King Jr. Day. There is no economic data ...
Headlines blared about the healthy job market on Friday as a report said employers added 272,000 new jobs in May. Those new workers surpassed economists' predictions by thousands of jobs. But the May ...
Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus, all theory can be tested for ...
Recent moves to disband advisory committees that suggested ways to improve economic data — as well as comments from Commerce Secretary Howard Lutnick — have raised concerns about the reliability of ...
Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained weak. By Ben Casselman Economic growth softened in the first half of the year, ...
A report says new approaches and increased spending are needed to ensure that government statistics remain dependable and free of political influence. By Ben Casselman Federal Reserve officials use ...