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hoolstoptheheels

Joined: 01/04/2001 Posts: 27087
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What's this?

It’ll be revised, because it’s an estimate. The downward revisions of

Last month’s numbers are good economic news, not bad. The markets look at hard reality so of course they reflect that by pushing markets up on the news.

Then there’s of course the Trumpies who see imaginary conspiracies and grievances everywhere. Including in the kinds of economic data revisions which happen…all the time, pretty much every month.

(In response to this post by Hoodafan)

Posted: 03/08/2024 at 11:02AM

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Current Thread:

+275k new jobs last month. ** -- WaxHoo 03/08/2024 08:41AM

Will they be revised down 125K to reflect true numbers next month too? -- Hoodafan 03/08/2024 10:39AM

It’ll be revised, because it’s an estimate. The downward revisions of -- hoolstoptheheels 03/08/2024 11:02AM

I know you have to see Trumpistan conspiracy theories in more places than -- Hoodafan 03/08/2024 11:11AM

Revisions tend to be most severe around holiday season, and this year is -- hoolstoptheheels 03/08/2024 11:28AM

So weird what happened to the January revision. Who saw that coming? ** -- Los Angeles Hoo 03/08/2024 09:13AM

Pretty much everybody with actual financial market experience. -- hoolstoptheheels 03/08/2024 10:30AM

Anyone who watches these reports on a monthly basis? ** -- 111Balz 03/08/2024 09:59AM

For sure. Employment numbers are never revised. This is unprecedented -- BocaHoo91 03/08/2024 09:45AM

It’s amazing, this conspiracy happens out in the open every single month ** -- 111Balz 03/08/2024 09:58AM

It's worse than that. The conspiracy happens TWICE. Once in the first -- BocaHoo91 03/08/2024 10:12AM

Oh, hey, look who’s back! And with value-added commentary, too! ** -- Los Angeles Hoo 03/08/2024 09:51AM

Wuddabout -- WaxHoo 03/08/2024 09:16AM

It’s literally the same topic. Maybe stay away from posting on… -- Los Angeles Hoo 03/08/2024 09:22AM

LOLZ! ** -- WaxHoo 03/08/2024 09:23AM

Mostly second jobs ** -- Tuckahokie 03/08/2024 08:45AM

Really? ** -- 111Balz 03/08/2024 08:50AM

Cuz employers can’t find workers. Wonder why … -- WaxHoo 03/08/2024 08:46AM

LOL! It was your dream girl, Econ Major AOC that explained to us that UE -- Hoodafan 03/08/2024 10:41AM

(moved)** -- Hoo TV 03/08/2024 09:23AM

So much genuflecting today…had to throw a little shade ** -- Tuckahokie 03/08/2024 08:59AM

Yet the unemployment rate went from 3.7% to 3.9%. ** -- JMHoo 03/08/2024 08:52AM

Greater labor participation rate. Boo Hoo. The markets love it.** -- WaxHoo 03/08/2024 08:53AM

FOMO ** -- Hoo TV 03/08/2024 09:26AM

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