Economic data are often revised. Sometimes the revisions change the story; sometimes they do not. Either way, they argue for humility when using data in policy debates. Recent revisions to US PCE inflation, UK productivity and Canadian population estimates are reminders that statistical measurement is imperfect. Revisions are both a fact of life and, when […]
The post When Reality Gets Revised appeared first on ActionForex.
Japan’s household spending remained weak in August even as the decline moderated. Real spending by two-or-more-person households improved from -3.6% y/y in July to -3.1% in August, slightly better than the -3.5% consensus, but still Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal New bedding is always a treat. Read more…
Key insights from the week that was. The only data release of note in Australia this week was the October Westpac-MI Consumer Sentiment Survey, which reported a 4.7% drop in the headline index. At 80.4, Read more…