Federal government no longer collecting inflation data in Lincoln [View all]
Source: Lincoln Journal Star
Lincoln is one of the communities where the Labor Department is no longer collecting data for its most closely watched inflation measure because of the Trump administration's government hiring freeze.
The department's Bureau of Labor Statistics, which produces the monthly consumer price index, said Wednesday that it is "reducing sample in areas across the country." The department said it stopped collecting price data entirely in April in Lincoln and Provo, Utah. It also said it has stopped collecting data this month in Buffalo, New York.
The cuts are raising concerns among economists about the quality of the inflation figures just as they are being closely watched for the impact of tariffs.
In an email that the BLS sent to economists, viewed by The Associated Press, the agency said that it "temporarily reduced the number of outlets and quotes it attempted to collect due to a staffing shortage" in April. The reduced data collection "will be kept in place until the hiring freeze is lifted."
Read more: https://archive.ph/jBp3b
Federal data will continue to degrade