Data Drought: When the Shutdown Silences the Numbers

Season 5, Episode 29: Welcome back to Keeping it Real with Dr. Kuehl. This week Dr. Kuehl reports on the economic data that is not being released until the shutdown process is over.ASA Chief Economist Dr. Chris Kuehl is back with his weekly economic update podcast. In Season 5, Episode 29 (8:32 in length), Dr. Kuehl talks to members about the government shut down & how it affects economic data coming from an economist themselves.How do we deal with data?Each economist has different opinions – how do we trust data?What is data’s strength & weakness? Why is it so hard to get an answer?Data is only as good as the collection itself – why is this a problem?How do you find relevant data for what you are actually looking for?ASA field all local & regional data – do we care about national data??How to understand that there is no sophisticated way to lie rather than in statistics.Assess data in a selfish & personal way – how is it affecting YOU?The biggest challenge of them all – how do you know if the data you are getting is legitimate?ASA gets information from ASA – advocating for the industry – can we trust each other?Ask Dr. Kuehl a QuestionHave a question or topic for Chris Kuehl that you would like answered on this podcast? Email it to Brianna Dovichi at [email protected].