Chapter 2 -- NIPA (January 8 2016) (2)

Chapter 2 -- NIPA (January 8 2016) (2) - CHAPTER 2 National...

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CHAPTER 2 National Income Accounts, Inflation, and Other Government Fabricated Numbers 1
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Footnote 1 Lest you think I am joking, consider the following: In December 2014, 6 months of New Home Sales were “revised” materially to the downside. Then on 1/4/16 10 years of construction spending data were revised “to correct a processing error in the tabulation of data on private residential improvement spending.”
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