What happens when US economic data becomes unreliable
Summary
The MIT Sloan piece discusses threats to U.S. economic data integrity from shrinking budgets, low survey response rates, and political interference. It argues private-sector data can supplement official statistics but cannot fully replace them, and it outlines practical actions for business leaders to use private data cautiously and to advocate for data independence. The article emphasizes the impact on policymakers, investors, and public trust, and references research by Rigobon and Cavallo on measuring data quality.