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President's Message: Operating With Limited Data

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  • Tom Barkin

Abstract

The Fed has been operating with limited data as a result of the government shutdown. While the government reopened over a month ago, delayed data releases are still slowly rolling out. The good news is that we haven't been navigating blind. We have other ways to keep a pulse on the economy. Private sector data help. For the most part, they aren't as definitive nor as calibrated, but they can highlight big shifts in economic conditions. In addition, the Fed benefits from collecting real-time information directly from the communities we serve.

Suggested Citation

  • Tom Barkin, 2025. "President's Message: Operating With Limited Data," Econ Focus, Federal Reserve Bank of Richmond, vol. 25(4Q), pages 1-2, December.
    • Handle: RePEc:fip:fedrrf:102229
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    File URL: https://www.richmondfed.org/-/media/RichmondFedOrg/publications/research/econ_focus/2025/q4/presidents_message.pdf
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