U.S. statistical agencies are struggling to measure the economy during the coronavirus pandemic, with lockdowns and business closures making it harder to gather information
WASHINGTON—U.S. statistical agencies are struggling to measure the economy during disruptions from the coronavirus pandemic, with lockdowns and widespread business closures making it harder to gather information.
The result, experts say, is data that could significantly change in the months and years to come, with revised estimates that likely will be worse than current readings. Last week the Bureau of Labor Statistics reported 701,000 lost jobs in March and warned that the coronavirus shutdowns had affected its data-gathering...
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