Goldman Sachs – Data (Un)reliability, Sep 2025

The main theme of the report concerns the reliability of economic data, especially in the context of the US, following significant revisions to employment data and the dismissal of the BLS commissioner.

The report discusses global concerns about the quality of economic data and the potential consequences of losing trust in them. Key findings include the importance of trust in economic data for the economy, the impact on TIPS, and the potential weakening of the dollar. Despite some concerns, global economic data remains generally reliable.