Wealth

America’s economic data are becoming murkier

HVery hundreds From the Americans they take to the streets to collect the prices of the work statistics office (BLS), The government’s economic data agency. The meters are tracked in 75 urban areas fluctuations in the costs of the “market basket” of goods and services, from blood tests in doctors ’offices to fees for renting apartments consisting of two bedrooms and cinema tickets. The numbers they collect in the consumer price index (CPI), A statistical tool used to calculate inflation.

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