"Either we are at a critical juncture in the economy with a dangerously weak labor market that could quickly lead to a recession, or everything is perfect except the people who produce economic data."

As an investor, I won't be able to trust ANY data now. #EconSky www.bloomberg.com/opinion/arti...

Losing highly reliable, accurate and transparent data on the health of the world’s largest economy would be perilous.

The Bureau of Labor Statistics Is Not the Problem

Losing highly reliable, accurate and transparent data on the health of the world’s largest economy would be perilous.

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Replies

  1. ADP is often wrong and revising. Real numbers take time and expertise. There will be a lot of scrambling going on in search of those with numbers we can trust.

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