"John Williams' Shadow Government Statistics" is an electronic newsletter service that exposes and analyzes flaws in current U.S. government economic data and reporting, as well as in certain private-sector numbers, and provides an assessment of underlying economic and financial conditions, net of financial-market and political hype.
The newsletter is available to subscribers only on our Web site. Published at least once per week, posting of each Commentary is advised to subscribers by e-mail, with links to the new material.
We like to gain some firsthand knowledge about our subscribers in the belief that, over time, this helps a great deal in fashioning services that are most suited and responsive to client needs. To further this goal, subscribers are invited to have direct phone or e-mail communication with John Williams during the term of the subscription. We look forward to serving you and hope you will subscribe today!
- Published on average six to seven times per month, typically tied to the release of official economic reports.
- In-depth analyses behind the "headline numbers." Effects of statistical noise, seasonal effects, core trends, revisions, built-in biases and one-time government economic stimuli are viewed in context, in order to generate a meaningful assessment of reported data, net of political and financial-market hype.
- "Opening Comments" section usually addresses the broad outlook for the economy and the financial markets, updated for the impact of the latest reporting.
- "Week Ahead" section previews upcoming reporting and possible reporting surprises.
Special Reports are published from time to time, providing background information on areas of particular interest or concern to subscribers.
Data on proprietary alternative estimates of the CPI, Unemployment, GDP, and an estimate of M3 Money Supply.