Federal economic data is one of the purest forms of infrastructure, says Erica Groshen, a former commissioner at the Bureau of Labor Statistics. “These data keep our economy running as much as roads ...

A report says new approaches and increased spending are needed to ensure that government statistics remain dependable and free of political influence. By Ben Casselman Federal Reserve officials use ...

Monetary policy is forward-looking and dependent on policymakers’ economic outlook. When the outlook is deemed highly uncertain, policymakers may put more weight on incoming data when making monetary ...