The famous "Dewey Defeats Truman" headline illustrates the importance of timely and accurate data. Agencies that compute economic indicators for the $14 trillion U.S. economy face a tough challenge: providing up-to-the minute results and ensuring the reliability of the data. The April 2012 issue explains why there is often a trade-off between these two factors and discusses the importance of data revision.
• Classroom Edition (pdf)
• Student Edition (pdf)
• Student Edition (html)
