[lbo-talk] RE: U.S. PPI data won't be released today

Doug Henwood dhenwood at panix.com
Tue Feb 24 13:21:54 PST 2004


paul childs wrote:


> >WASHINGTON, Feb 23 (Reuters) - A U.S. Labor Department official said on
>>Monday that it was not publishing its January producer prices report
>>today and said she did not know when it will be issued
>
>Errr, as a non-American economist I don't know what this means.
>Given the Dubyaviks propensity for hiding bad or 'incorrect'
>information my suspicions are raised, or is this just a technical
>glitch, or maybe the begining of the end for an important report
>that kept delivering bad news?

Almost certainly a technical problem. They're converting from the old Standard Industrial Classification system to the North American Industrial Classification System, and it's a bitch.

Doug



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