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Not even close. The BLS hires workers to collect price data from retailers on-site for their CPI computations.
by SantalBlush 3y ago
Not even close. The BLS hires workers to collect price data from retailers on-site for their CPI computations.
- creer 3y agoThe question was about offering multiple versions of the resulting statistics summary. Based on various starting dates, theories and such - something like output that could be explored or dialed including dialing which CPI method to use. That would explode the amount of reporting. It's not about data collection.
- SantalBlush 3y agoMaking a list of each year's CPI basket would require price data collection for each year's basket.