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In The News

Media Mentions

Cornell economist warns attacks on federal data could carry steep economic consequences

FingerLakes1.com
Erica Groshen, ILR senior labor market advisor, co-authored a working paper revealing substantial economic damage linked to diminished trust in federal statistics; “when trust in government statistics is eroded, this is the cost of people flying blind,” said Groshen.
Cornell economist warns attacks on federal data could carry steep economic consequences

Businesses, Investors ‘Flying Blind’ When Trust in Government Statistics Declines

Cornell Chronicle
Even a temporary loss of trust in official data may be costly, with an economic impact many times the budgets of the agencies that report key indicators, according to Erica Groshen, senior labor market adviser at the ILR School.
Businesses, Investors ‘Flying Blind’ When Trust in Government Statistics Declines

Bad government statistics can cost the economy billions

The Economist
Preserving trust in “the integrity and quality of official statistics” generates economic benefits of about $25 for every $1 spent on the U.S. Bureau of Labor Statistics says a working paper co-written by Erica Groshen, ILR senior labor market advisor and former Bureau of Labor Statistics commissioner.
Bad government statistics can cost the economy billions