Ben Casselman: Recent months show shift to positive trend in economic data revisions

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05.06.2026

Ben Casselman: Recent months show shift to positive trend in economic data revisions — Economic data revisions show positive shift

Ben Casselman points out that the trend in economic data revisions has become positive in recent months, following a period of consistently negative revisions over the past several years.

He observes that while the chart referenced only shows monthly revisions, additional data from the QCEW suggests that a significant negative benchmark is unlikely this year.

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Casselman previously reported that job gains remained strong in April for a second consecutive month. He also noted that gas prices rose 28% year-over-year and food costs increased again. These recent developments follow ongoing shifts in key economic indicators.

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