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89% of Economists worried about quality of US data
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Marc Mensa Offline
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89% of Economists worried about quality of US data
BENGALURU, July 25 (Reuters) - Risks to the quality of official U.S. economic data - long seen as the gold standard - are worrying 89 of 100 top policy experts polled by Reuters, with most also concerned that the authorities are not addressing the issue urgently enough.
A decline in official survey participation rates and recent deep staff cuts at statistical agencies risk undermining the reliability of data that policymakers, companies and even households rely on to make decisions.


"I can't help but worry some deadlines are going to be missed and undetected biases or other errors are going to start creeping into some of these reports just because of the reduction in staff," Erica Groshen, BLS commissioner from 2013-2017, told Reuters.

"Another very big risk is all of the current administration’s changes will make civil service employees more like political appointees .... I can't name any senator or congressperson who is a champion for federal statistics and has made supporting these agencies an important part of their agenda going forward."

https://www.reuters.com/business/us-econ...025-07-25/
07-26-2025 10:46 AM
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Was SoMs Eagle Offline
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Post: #2
RE: 89% of Economists worried about quality of US data
Civil servants like political appointees? Hell yes!
07-26-2025 10:58 AM
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BartlettTigerFan Offline
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Post: #3
RE: 89% of Economists worried about quality of US data
Mensa is priceless. Stupid, but priceless.
07-26-2025 11:04 AM
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chargeradio Offline
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Post: #4
RE: 89% of Economists worried about quality of US data
As someone who has to fill out three surveys between BLS and the Census this week, the faster their rear ends get put out on the street, the better. Make the decennial census work part of Social Security and eliminate all of the other work the Census Bureau does.
07-26-2025 11:12 AM
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UofMstateU Offline
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Post: #5
RE: 89% of Economists worried about quality of US data
bwahahahahahahahahahahaha

My 401K's and brokerage accounts are through the roof. If rates get lowered, hold on to your nads, because they will spike again.

Which is what these numbnuts are concerned about.
07-26-2025 11:16 AM
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CrimsonPhantom Offline
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Post: #6
RE: 89% of Economists worried about quality of US data
I thought the left said Reuters was unreliable?
07-26-2025 12:07 PM
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GeminiCoog Offline
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Post: #7
RE: 89% of Economists worried about quality of US data
(07-26-2025 12:07 PM)CrimsonPhantom Wrote:  I thought the left said Reuters was unreliable?

They are. (But I'm not a leftist. lol)
07-26-2025 12:10 PM
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rath v2.0 Offline
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Post: #8
RE: 89% of Economists worried about quality of US data
Sad trombone liberals hoping for a depression are the most fun to point and laugh at. ******* idiots.
07-26-2025 12:22 PM
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JMUDunk Offline
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Post: #9
89% of Economists worried about quality of US data
Not worried about the economy mind you, but worried about the BIIG GUBMENT statistics not being published on time cause some of their bureaucrat buddies got a RIF instead of a raise.

I’ll allow it. Leaner and meaner.

And, alas, yet again M&M only read the headline. Who cares what these bureaunutters are “concerned” about.
(This post was last modified: 07-27-2025 12:01 PM by JMUDunk.)
07-26-2025 12:45 PM
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TripleA Offline
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Post: #10
RE: 89% of Economists worried about quality of US data
I remember when 100% of 51 Intel agents said Hunter's laptop was fake, too.
07-27-2025 09:01 AM
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Marc Mensa Offline
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Post: #11
RE: 89% of Economists worried about quality of US data
(07-27-2025 09:01 AM)TripleA Wrote:  I remember when 100% of 51 Intel agents said Hunter's laptop was fake, too.

There was never a laptop
07-27-2025 09:04 AM
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450bench Offline
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Post: #12
RE: 89% of Economists worried about quality of US data
Trump has broken Marc.
07-27-2025 09:07 AM
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BartlettTigerFan Offline
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Post: #13
RE: 89% of Economists worried about quality of US data
(07-27-2025 09:07 AM)450bench Wrote:  Trump has broken Marc more.

fyp
07-27-2025 09:15 AM
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olliebaba Offline
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Post: #14
RE: 89% of Economists worried about quality of US data
It's like when the Education Secretary was Ps'ed and that the US education was gonna suffer. Of course they're gonna not like it but they ONLY said that that they were worried, it's not the same as saying the data was wrong.

Everyone worries about things the govment does because it affects them in some way...and this is a clear cut example of it.
07-27-2025 09:38 AM
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Marc Mensa Offline
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RE: 89% of Economists worried about quality of US data
(07-27-2025 09:15 AM)BartlettTigerFan Wrote:  
(07-27-2025 09:07 AM)450bench Wrote:  Trump has broken Marc more.

fyp

The Post story was based on a copy of the hard drive



07-27-2025 09:42 AM
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BartlettTigerFan Offline
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Post: #16
RE: 89% of Economists worried about quality of US data
(07-27-2025 09:42 AM)Marc Mensa Wrote:  
(07-27-2025 09:15 AM)BartlettTigerFan Wrote:  
(07-27-2025 09:07 AM)450bench Wrote:  Trump has broken Marc more.

fyp

“The Post story”

My goodness you’re a gullible fool.
07-27-2025 09:54 AM
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450bench Offline
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Post: #17
RE: 89% of Economists worried about quality of US data
03-lmfao03-lmfao

Marc is now a troll
07-27-2025 09:57 AM
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Eagleaidaholic Offline
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Post: #18
RE: 89% of Economists worried about quality of US data
Wait a minute. Someone in America doesn't think Hunter's laptop the FBI had with ALL of the pics, videos, emails etc. doesn't exist?
07-27-2025 10:20 AM
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shere khan Offline
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Post: #19
RE: 89% of Economists worried about quality of US data
89% of world s economists are angry they cant frick the US anymore.

There is the truth
(This post was last modified: 07-27-2025 10:25 AM by shere khan.)
07-27-2025 10:23 AM
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450bench Offline
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Post: #20
RE: 89% of Economists worried about quality of US data
89% of Americans think leftists are full of $hit and dismiss their bs while pointing and laughing.
07-27-2025 10:28 AM
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