CERF Blog
The U.S. Bureau of Economic Analysis (BEA) released their annual comprehensive revision of the national income and product accounts on Wednesday, July 31. Most of the Financial news websites focused primarily on the first estimate of the second quarter of 2013, which was that economic growth was 1.7 percent. The analysis that was presented was… Read more
Here‘s Bloomberg’s report on today’s data release. One paragraph has caused the Drudge Report to run the headline “GOV’T MAKES IT UP: JOB NUMBERS ‘ESTIMATED’ FOR WEEK…” (Caps by Drudge). Here’s the paragraph: For the latest reporting week, nine states didn’t file claims data to the Labor Department in Washington because of the federal holiday… Read more