Trump Administration dissolves teams tasked with GDP calculations and gathering economic data.
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Trump Administration dissolves teams tasked with GDP calculations and gathering economic data.
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The decision to disband panels responsible for calculating GDP and collecting economic data is quite concerning. Accurate economic data is crucial for informed decision-making at all levels, from government policy to business strategy. The work done by these panels helps ensure transparency and accountability in economic reporting. Without reliable data, it becomes challenging to assess the health of the economy and make sound fiscal decisions. It will be important to monitor any implications this change may have on economic analysis and planning. What do you think the long-term effects might be?