PBS NewsHour

What's the big deal about official economic data?

Clip: 03/06/2014 | 7m 27s

The monthly jobs report is big news on the first Friday of every month, swaying the financial markets and prompting immediate analysis. But should these numbers matter so much? A new book, “The Leading Indicators,” argues we overvalue data like the GDP and inflation. Economics correspondent Paul Solman talks to author and analyst Zachary Karabell.

Aired: 03/06/14

Rating: NR

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