Missing Economic Stats Threaten Policy, Jobs, and Growth
A Business Insider Discourse piece argues that a steady erosion of government-held economic data—driven by budget constraints, survey slowdowns, and a lengthy shutdown—could leave the Fed, businesses, and households making decisions with less reliable signals. Private data sources can’t fully substitute for core statistics like unemployment and inflation, risking delayed or miscalibrated policy, fewer hiring plans, and higher recession risk as trust in data declines.