Simply Put

Bill Beach on the Challenges Facing Economic Data Collection


Listen Later

Recent revisions have cast doubt on the reliability of the

government’s economic statistics. Budget cuts and job vacancies at the Bureau of Labor Statistics (BLS) have exacerbated pre-existing issues from low initial survey response rates and the difficulty of identifying economic inflection points in real-time. Striking the right balance between timeliness and precision is essential for investors and the Fed to make well-informed decisions. In this episode, we talk with Bill Beach, Commissioner of the BLS from 2019-2023, about the process behind BLS data collection, why recent revisions have been so large, and different ways to improve government data.

...more
View all episodesView all episodes
Download on the App Store

Simply PutBy Will Compernolle

  • 5
  • 5
  • 5
  • 5
  • 5

5

20 ratings


More shows like Simply Put

View all
Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,233 Listeners

Planet Money by NPR

Planet Money

30,670 Listeners

Marketplace by Marketplace

Marketplace

8,796 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,073 Listeners

WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,417 Listeners

Masters in Business by Bloomberg

Masters in Business

2,171 Listeners

Odd Lots by Bloomberg

Odd Lots

1,991 Listeners

Make Me Smart by Marketplace

Make Me Smart

5,487 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

2,022 Listeners

The Indicator from Planet Money by NPR

The Indicator from Planet Money

9,557 Listeners

Eye On The Market by Michael Cembalest

Eye On The Market

289 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,244 Listeners

Moody's Talks - Inside Economics by Moody's Analytics

Moody's Talks - Inside Economics

332 Listeners

Forward Guidance by Blockworks

Forward Guidance

277 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

154 Listeners