3 ms·
Yep. It generally seems to get revised downward, but I’d be interested to see a data analysis showing the actual ratio of upward / downward adjustments.
by christophilus 2y ago
Yep. It generally seems to get revised downward, but I’d be interested to see a data analysis showing the actual ratio of upward / downward adjustments.
- microtherion 2y agoYou can count this off here: https://www.bls.gov/web/empsit/cesnaicsrev.htm https://www.bls.gov/web/empsit/cesnaicsrev.htm TL;DR: In 2024, all but one of the months had downward revisions. In 2023, 10 of 12 months had downward revisions. In 2022, 7 of 12 months had upward revisions, but the mean revision was slightly down. In 2021, 11 of 12 months had upward revisions.