Why can't you get the data used to create the Consumer Price Index (CPI)?
17 by ErikAugust | 5 comments on Hacker News.
The Consumer Price Index (CPI) measures inflation and, in the words of the US Bureau of Labor Statistics, "directly affects hundreds of millions of Americans". I would have guessed the data used to construct the CPI would be open to everyone. But no, it appears to be unavailable and it is instead a black box due to rules of confidentiality. What is strange is, it appears much of the data is publicly available data. For example, 8% comes from e-commerce sites, the USPS public website, etc. If you browse through the categories, you can also see that almost all the data could be collected from public sources - APIs, websites, etc. So, does anyone know why this data cannot be obtained? Reference: https://ift.tt/3dLe4eu
Post Top Ad
Wednesday, February 24, 2021
Home
Hacker News
New top story on Hacker News: Why can't you get the data used to create the Consumer Price Index (CPI)?
New top story on Hacker News: Why can't you get the data used to create the Consumer Price Index (CPI)?
Tags
# Hacker News
Share This
About adebusuyi
Hacker News
Labels:
Hacker News
Subscribe to:
Post Comments (Atom)
Post Bottom Ad
Author Details
Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of templatesyard is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog.
No comments:
Post a Comment