Journal Article

President's Message: Operating With Limited Data


Abstract: The Fed has been operating with limited data as a result of the government shutdown. While the government reopened over a month ago, delayed data releases are still slowly rolling out. The good news is that we haven't been navigating blind. We have other ways to keep a pulse on the economy. Private sector data help. For the most part, they aren't as definitive nor as calibrated, but they can highlight big shifts in economic conditions. In addition, the Fed benefits from collecting real-time information directly from the communities we serve.

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Econ Focus

Publication Date: 2025-12-16

Volume: 25

Issue: 4Q

Pages: 1-2