Wall Street Journal
The National Association for Business Economics sounded a warning on a topic near and dear to its heart this morning: economic indicators...
...Ms. Haver catalogs the casualties of budgetary tightening, writing that "the Bureau of Labor Statistics (BLS) has been forced to terminate all hours and earnings data reported for local areas as well as payroll employment for 65 small metro areas..."
Gee, I wonder why all of a sudden there's no money for detailed reporting of the statistics on local hours and earnings data.
And gee, why would small metro areas naturally jump out at budget cutters as places from which we don't need any payroll employment data?