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A Closer Look at the Consumer Survey

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A Closer Look at the Consumer Survey
People visit the American Dream Mall During Black Friday sells in East Rutherford, New Jersey, on Nov. 29, 2024. Kena Betancur/Getty Images
Jeffrey A. Tucker
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Commentary

The credibility of government data on economics has come into question in recent years. It consistently underestimated inflation and overestimated gross output. Labor data has been internally contradictory. Factory orders and retail prices have been reported in nominal terms, which makes no sense in a high-inflation environment.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
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