U.S. Is Trimming Back Its Collection of Consumer Price Data
The Bureau of Labor Statistics is cutting back its collection of data on consumer prices, raising questions about the reliability of federal economic statistics under President Trump.
Every month, a small army of government workers visits stores and other businesses across Страната за инспекция на цените на яйцата, бельото, прическите и десетките хиляди други артикули и услуги. The data collected is the basis for the inflation measures that determine cost-of-living increases in union contracts and Social Security benefits and that guide policymakers at the Federal Reserve when they set interest rates, among other applications.
The Bureau of Labor Statistics, which is part of the Labor Department, said on Wednesday that it was reducing its collection of price data “in areas across the country ” and that Беше спрял да събира данни напълно в Бъфало; Lincoln, Neb.; и Прово, Юта. Агенцията не даде к...
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