WASHINGTON (Reuters) -The U.S. Labor Department's economic statistics arm said on Wednesday it was reducing the Consumer Price Index collection sample in areas across the country due to resource ...
Federal government staffing shortages from Trump administration hiring freezes have forced the Labor Department’s economic statistics arm to curtail the breadth of its data collection for one of the ...
WASHINGTON -- The Labor Department has cut back on the inflation data it collects because of the Trump administration's government hiring freeze, raising concerns among economists about the quality of ...
Concerns are rising among economists over the accuracy of U.S. inflation figures, as federal staffing limitations begin to disrupt the monthly monitoring of consumer prices. With gaps emerging in data ...
The Labor Department's Office of Inspector General said it is reviewing the "challenges" that the Bureau of Labor Statistics is facing in its data-collection efforts. The probe comes in light of BLS ...
November inflation report should not be taken seriously due to red flags surrounding data collection
The November CPI report should not be taken seriously because the report was distorted by the record-long government shutdown, said Heather Long, chief economist at Navy Federal Credit Union.
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Economists said the November inflation report was unreliable because the shutdown blocked real data collection
Before they even had their morning coffee, Wall Street economists were saying they don’t trust November’s consumer inflation report that was released earlier today. That is reportedly because it was ...
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Inflation has been brutal over the past few years. After decades of running below 3%, starting early 2021, the Consumer Price Index increased rapidly as the economy opened back up after Covid-19 ...
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