US Government Discovers 10 Years Of “Processing Errors” In Construction Spending Data Slamming GDP

by Tyler Durden
ZeroHedge.com
01/04/2016

Earlier today the US Census released its latest, November, construction spending data, which not only missed expectations of a 0.6% rebound, but tumbled -0.4%, the most since June of 2014, while all the recent data had been mysteriously revised lower. And then the source of the mystery was revealed, because in the fine print the government made a rare admission: all the construction spending data for the past 10 years had been “erroneous.”

The Rest…HERE

This entry was posted on Monday, January 4th, 2016 at 3:24 pm and is filed under Conspiracy, Corruption, Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.