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by eigen
344 days ago
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> The numbers have been so consistently wrong in the same direction. summary of mean revision for seasonally adjusted numbers, since 2003 are 2nd-1st: 8 3rd-2nd: 2 1st-3rd: 10 but 2025 has been consistently, so far, be negative revisions. Dec 2024 has some positive revisions but 2023-2024 on the whole was negative while 2017-2022 were on the whole positive revision. so I dont think that there is data to support consistently wrong in one direction. https://www.bls.gov/web/empsit/cesnaicsrev.htm |
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Anyone want to take bets on how the revisions will go on this?