The Bureau of Labor Statistics is reducing or ending the collection of data that is used to calculate the Consumer Price Index. By Ben Casselman Federal Reserve policymakers have stressed that their ...

Innovative technologies of the Fourth Industrial Revolution (4IR) are transforming and modernizing the way data is generated, collected, and analyzed across different industries and fields of study. 1 ...

Data collection is the process of gathering and measuring information used for research. Collecting data is one of the most important steps in the research process, and is part of all disciplines ...

The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data produced by a struggling statistical system. By Ben Casselman The Bureau of ...

Data is the foundation of modern business strategy and the fuel for AI applications. It drives decision-making, optimizes operations, and creates personalized customer experiences, enabling businesses ...

A guide to collect and compile balance of payments and international investment position data. The sixth edition (BPM6) is the final version and updates the fifth edition (BPM5) that was released in ...

The world runs on data, and businesses increasingly rely on it. However, traditional data sourcing methods often present challenges related to diversity, transparency, privacy, and cost. This article ...

The Federal Road Safety Corps (FRSC), the lead road safety management agency is responsible for managing and ensuring the safety of motorists and other road users on the nation’s highways. This ...

Scientists have developed a method to identify symmetries in multi-dimensional data using Bayesian statistical techniques. Bayesian statistics has been in the spotlight in recent years due to ...