A Plethora of Data
Moody's Talks - Inside Economics
00:00
Navigating Economic Data Challenges
This chapter delves into the complexities surrounding recent economic data, particularly focusing on labor market conditions and GDP calculations. The discussion highlights skepticism about the accuracy of unemployment claims and the potential effects of government spending exclusions on GDP figures, raising concerns over data reliability. Additionally, the speakers address declining survey response rates and its implications for both policymakers and private sector decision-making.
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