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GDP GROWTH: ARE THE NUMBERS TOO ROSY?

机译:GDP增长:数字是否太花哨了?

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摘要

The economic statis-tics collected by the U.S. government are probably as honest and accurate as any in the world. Perfect, though, they're not. Collecting data about the American economy is a boundless challenge on a limited budget. And it's even harder in periods of dramatic change―like today. Take the puzzling case of stagnant hiring. Economists have been scrubbing the Labor Dept.'s employment surveys to account for the gap between strong reported growth in gross domestic product and the anemic 61,000-a-month pace of payroll job creation since August. But they've been looking in the wrong place: There's fresh evidence that GDP, the most closely watched economic statistic, may be overstated―and that lackluster job prospects may present a truer picture of what's happening now than the strong growth number.
机译:美国政府收集的经济统计数据可能与世界上的统计数据一样诚实和准确。完美,但是,事实并非如此。在预算有限的情况下,收集有关美国经济的数据是一个无限的挑战。在当今如此巨大的变化时期,这甚至变得更加困难。以停滞不前的令人困惑的情况为例。经济学家一直在仔细研究劳工部的就业调查,以解决自8月份以来报告的强劲的国内生产总值增长与每月61,000个就业岗位的缓慢增长之间的差距。但是他们一直在寻找错误的地方:有最新证据表明,最受关注的经济统计数据GDP可能被夸大了,而且就业前景不佳可能比强劲的增长数字更真实地反映了目前的情况。

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