Value of government data
Briefly

The article by Lizzie O'Leary emphasizes the critical dependence of the private sector on government data, despite its imperfections. Citing economists Ellen Hughes-Cromwick and Julia Coronado, O'Leary illustrates how businesses, like an electric car manufacturer, rely on diverse government reports—from auto sales to employment statistics—to inform strategic decisions. This reliance underscores the importance of accurate and available public resources to ensure that businesses can navigate their markets effectively.
Government data is essential for the private sector, significantly influencing business decisions across various industries.
Companies rely on a multitude of government reports to understand market trends and customer behavior.
Read at FlowingData
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