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  <title>Understanding the Economy as Data Revisions Happen</title>
  <description>Thomas Lubik reviews how widely used macroeconomic data like GDP is compiled and updated, and how the revision process strikes a balance between decisionmakers' needs for timeliness and accuracy. Lubik is a senior advisor in the Research department of the Federal Reserve Bank of Richmond. Full transcript and related links:  https://www.richmondfed.org/podcasts/speaking_of_the_economy/2026/speaking_2026_02_18_data_revisions </description>
  <author_name>Speaking of the Economy</author_name>
  <author_url>https://www.richmondfed.org/podcasts/speaking_of_the_economy</author_url>
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