Why A Missed Release Is Sometimes Problematic

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

When the economy is growing in a steady manner, a missed release is not a problem. But when the economy is on a potential tipping point, the preliminary release and revisions take on a heightened importance.

Time, Time Management, Stopwatch, Industry, Economy

Image Source: Pixabay
 

When the economy is growing in a steady manner, a missed release is not a problem. But when the economy is on a potential tipping point, the preliminary release and revisions take on a heightened importance. Example: September 2008 net job gains:
 


Or visualized differently:
 


In other words, around turning points, revisions can be of substantial interest.

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