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by malexbone 4666 days ago
How timely is the data? As in: When new data/reports are available, when will they be accessible via the API?

I was unable to determine if using the API could provide a first mover advantage for trading applications that take BLS data into consideration.

1 comments

Here is a link to releases:

http://www.bls.gov/bls/newsrels.htm

I vaguely remember an article that said that some folks get the BLS data a few milliseconds faster than everyone else and avail themselves of this first mover advantage -- don't quote me on that, though. Regardless, I somehow doubt this API will be useful for first mover advantage unless perhaps you are already doing this type of technical trading in the finance industry.

You're probably referring to this Rolling Stone article:

http://www.rollingstone.com/politics/blogs/taibblog/16-major...