US Economy Gets Another Big Revision and This Time It’s Good
I’m Chris Anstey, an economics editor in Boston. Today we’re looking at how the US economy weathered its latest benchmark revision. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.
Early stages of economic slowdowns can be obscured by indicators that may look strong when they’re first released, but later turn out to be softer after time has passed and statisticians have pored over the data and revised the information.