Can we still trust US economic data? With Erica Groshen
The Economics Show
00:00
Impact of Political Changes on Economic Data Integrity
This chapter discusses the recent dismissal of a Bureau of Labor Statistics commissioner and its implications for U.S. economic statistics. The speakers reflect on the responsibilities of BLS and how political influences can affect the integrity of economic data, emphasizing the need for ethical data practices. They also address the challenges of declining survey response rates and the need for investment in new data products amidst evolving economic landscapes.
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