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BLS revisions
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H3f
Posted 8/7/2025 09:13 (#11323622)
Subject: BLS revisions


Article on the BLS revisions and why they necessary.
https://www.nytimes.com/2025/08/06/business/economy/trump-jobs-data-...

USDA may have some of the same problems.
"Response rates to government surveys have been falling for years..."
"rapidly changing economy" ~~ read changing ag structure
Both agencies may need new methodology, which requires time, money, and testing. Many on AT question USDA's numbers, but they are the "best" numbers the market trades. We may find out exactly what happens when one person is in control of the numbers versus an independent agency.
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