Economists Question Quality of U.S. Inflation Data
- The Bureau of Labor Statistics published U.S. Inflation data on May 13, 2025, amid staffing shortages affecting price checks.
- A hiring freeze forced BLS to reduce the number of businesses surveyed, which may impact the accuracy of inflation measurements.
- Economists noted anomalies in April’s data and expressed concern that fewer price checks could increase sampling error and skew results.
- Federal Reserve Chair Jerome Powell stated, "Being able to track what's going on in the economy is very, very important," highlighting inflation’s role.
- If these data issues persist, they could affect economic and policy decisions, though no evidence suggests intentional data manipulation.
6 Articles
6 Articles
'Quirks': Experts flag 'problems' in labor data that could have big consequences
Staffing shortages maybe effecting the accuracy of key economic markers like the U.S. inflation data, according to a Wall Street Journal report. “The Bureau of Labor Statistics, the office that publishes the inflation rate, told outside economists this week that a hiring freeze at the agency was fo...
Economists Raise Questions About Quality of U.S. Inflation Data
Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey.
Economists Question Quality of U.S. Inflation Data
"Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey," the Wall Street Journal reports.
Some economists in the United States are beginning to question the accuracy of recent US inflation data after the federal government said staff shortages have hampered its ability to conduct its monthly survey to determine consumer price increases, the Wall Street Journal writes. The Bureau of Labor Statistics (Bureau of Labor […] The article Economists in the United States are beginning to question US statistical data appears first on CursDeGuv…
Some economists are beginning to question the accuracy of the latest U.S. inflation data, as the federal government acknowledged that staffing shortages are hampering its large-scale monthly inflation survey, the Wall Street Journal reported.
Economists are questioning the quality of recent inflation data
Concerns are mounting over the reliability of recent U.S. inflation data after the Bureau of Labor Statistics revealed staffing shortages have disrupted its monthly price survey, The Wall Street Journal writes. Due to a federal hiring freeze and cuts under the Department of Government Efficiency, the BLS reduced the number of businesses it surveyed in April and relied more heavily on estimates based on loosely related products or different regi…
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