Initial releases versus what the numbers became after revision — payrolls, CPI seasonal factors, GDP — with the size and direction of every revision on the record. Markets trade the first print; the economy runs on the revised one.
Payroll revisions run tens of thousands of jobs and turn systematically negative near turning points — a real-time recession tell. This page uses vintage data (what was published, when) — the same discipline behind this site's own vintage-true forecast backtests.
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