“Liberation Day” Interpreted Through The Lens Of The Benchmark Revision

Menzie Chinn
By Menzie Chinn of Econbrowser.com
Professor of Public Affairs and Economics at the University of Wisconsin •

This article examines how revised economic benchmarks reshape the interpretation of “Liberation Day” data, showing that post-benchmark figures, notably for August, appear even weaker than before.

Time, Time Management, Stopwatch, Industry, Economy

Image Source: Pixabay
 

Pawel Skrzypczyński sends me the link to this graph:
 


Noting that, post-benchmark, things look even worse after “Liberation Day” — specifically with August….

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