Downward Revisions

The string of downward revisions continues today with the latest durable goods report. Sure, the headline number looks great but the previous month was revised lower. At this point in the election cycle, is there any data series.. .any one. ..that isn't goosed for headlines and then sneakily revised lower at a later date?

And wouldn't it be fun if we could pull this stunt in real life?

  • My stated age is 58 but next month I'm going to revise it lower to 35.
  • The wedding for LT#1 last year was pretty expensive, so I just revised it lower by
  • ...

About the Author

tfmetalsreport [at] gmail [dot] com ()

30 Comments on Downward Revisions

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 6/10

6/12 8:30 ET CPI and Core CPI
6/12 2:00 ET FOMC Fedlines
6/12 2:30 ET Jerry's presser
6/13 8:30 ET PPI and Core PPI
6/14 8:00 ET Some Random Goon
6/14 10:00 ET Prelim UMich

Recent Comments

by Welder99, 1 hour 15 min ago
by Texas Sandman, 1 hour 16 min ago
by BillW, 1 hour 28 min ago
by Texas Sandman, 1 hour 40 min ago
by streber, 1 hour 46 min ago
by indiana rod, 1 hour 56 min ago