Quote:
Originally Posted by freedogger
This is a worthwhile topic. The BLS employment data is another example out of the US of stats that are continuously revised downward.
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Hmmm, their percentage difference seems not too terrible but certainly with negative revisions in the last little while. I am assuming that the data summary here is accurate though:
http://www.bls.gov/ces/cesregrevtec.htm
Probably take a while to go through the information/how it's compiled to really understand it better though - not something that I have done. But there are some interesting google hits about "the lack of upward revision bias."