Revisions to Employment and Retail Sales and What They Mean
What's more exciting than the NCAA Final Four?
Data revisions! (well, not really, but for those of you who follow economic indicators closely, data revisions are important).
The Economics and Statistics Administration (ESA) plays three key roles within the Department of Commerce (DOC). ESA provides timely economic analysis, disseminates national economic indicators, and oversees the U.S. Census Bureau (Census) and the Bureau of Economic Analysis (BEA). In this latter role, ESA works closely with the leadership at BEA and Census on high priority management, budget, employment, and risk management issues, integrating the work of these agencies with the priorities and requirements of the Department of Commerce and other government entities.