John Williams’ Shadow Government Statistics is a subscription-based newsletter service providing analysis of U.S. government economic data. It critiques the methodology and accuracy of official reports, arguing that they misrepresent the true state of the economy. The newsletter offers alternative calculations of key economic indicators, such as inflation and unemployment, suggesting a more pessimistic outlook than official sources. Williams, a consulting economist, has been publishing this analysis for years, and the website includes archives of his commentaries and reports. The service also provides economic consulting.
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