Threats to truthConsider the many benefits of having a source of trustworthy and publicly available economic data.
Of course, private datasets, like those used by Opportunity Insights, the JPMorgan Chase Institute, and Earnest Research, complement federal statistics.
In addition to competition from other sources, statistical agencies are facing a lack of money.
Sustaining the future of statsThe good news is that statistical agencies are trying to keep up with the times.
To continue producing this work, federal statistical agencies need a funding boost.