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Friday, August 24, 2012

Economic data fudging poll results

I have seen some interesting analysis on the July employment and retail sales data questioning the odd seasonal adjustments. Do you think this being an election year might have something to do with that?

yes
  43 (95%)
 
no
  2 (4%)
 

Votes so far: 45

That was pretty overwhelmingly one sided, LOL.  I am afraid to say I am in the data fudging camp myself.  There are a number of things with the seasonal adjustments that do not add up properly to me.  I think the economy is weaker then everybody thinks.  We will see. 

Bob

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