Can We Trust the Data: Jobs Surveys, CPI, and GDP in Focus

The current administration recently fired the commissioner of the Bureau of Labor Statistics. What does this mean for data integrity, and in general, the state of the market and the economy?

Can we really trust the numbers that shape our economy? In this episode of The Point Podcast, we break down the reliability of key economic data, from the monthly jobs surveys to CPI inflation and GDP growth. Understanding the difference between the household survey and the establishment survey (and why they don’t always agree) is critical for interpreting what the data truly means.

Join us as we explore the nuances behind the headlines and how these reports impact markets, policy, and everyday financial decisions.

🔍 What You’ll Learn in This Episode:

📊 The key differences between the household survey and establishment survey in jobs reports

🏠 Why conflicting jobs data can create confusion for economists, markets, and policymakers

💡 How CPI and GDP are measured — and what they reveal (or hide) about economic health

📈 Why data reliability matters when making financial and policy decisions

If you’ve ever wondered why the numbers don’t always add up, this episode will give you clarity.

We hope you’ve gained some valuable insights or maybe even a fresh perspective on our topic today. We would love to hear from you with your questions or specific topics you would like us to cover.

Be sure to subscribe to our YouTube channel or on your favorite listening app and follow along as we release episodes each month. 

We would enjoy hearing your feedback on the podcast and any topics or questions you would like us to discuss. Please feel free to email us here.

About the Basepoint Wealth Podcast

Hosted by Landis Wiley and featuring insights from Chief Investment Officer Allen Wallace, the Basepoint Wealth Podcast explores timely financial topics with clarity and purpose. Through candid conversations and expert commentary, we help listeners cut through the noise and focus on what matters most in building a confident financial future. Basepoint Wealth is a fee-only fiduciary firm with offices in Cedar Rapids, Dubuque, and Davenport, Iowa. We offer transparent, personalized financial advice designed to align your wealth with your goals—because from here, you can go anywhere.

Basepoint Wealth, LLC is a registered investment advisor. Please visit www.basepointwealth.com for more information and important disclosures.

#JobsReport, #EconomicData, #CPI, #GDP, #LaborMarket, #InflationInsights, #DataReliability