Posts Tagged ‘seasonal adjustment’

The Census Bureau joins the BLS (Bureau of Labor “Statistics”) as a PROPAGANDA department…

August 14, 2012

Everyone should know how I feel about the Bureau of Labor “Statistics”, the BLS.  If not, please check ANY of my posts concerning the weekly Unemployment Report.  I feel that I have given sufficient evidence that they are a propaganda department.

NOW, it appears that the Census Bureau has also turned to the dark side.  Here is an article from Zerohedge:

“Mystery Of July Retail Sales “Beat” Solved: It Is All In The “Seasonal Adjustment“”

What could the mystery be you ask??

“with the July seasonal adjustment factor routinely subtracting a substantial amount from the NSA number, averaging at -$5.2 billion, in 2012, for the first time this decade, the seasonal adjustment not only did not subtract, but in fact added “value” to the NSA number, resulting in a seasonally adjusted number that was $1.9 billion higher than the NSA number at $403.9 billion.”

That’s right!!!  For the first time this DECADE!!  The people who make this report, added instead of subtracting as an adjustment in July!!!  Just to make the number appear better than it actually is!!!  You know, instead of TELLING THE TRUTH!!

These people are DISHONEST, and are trying to help a sitting administration with a LIE!!!