When government data is called into question
Update: 2025-08-14
Description
President Donald Trump fired the commissioner of the Bureau of Labor Statistics earlier this month, claiming that the monthly jobs numbers — which were revised downward — were “rigged” to make him look bad. Plenty of companies use BLS data to make business decisions. With questions raised about the quality and regularity of that data now, how do alternate data sources compare? Also: a flare of inflation at the wholesale level and a comeback for adjustable-rate mortgages.
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