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Fortune
Fortune
Sheryl Estrada

Data quality at risk as federal workforce shrinks, says top economist

(Credit: Getty Images)

Good morning. Accurate, timely data is essential for strong decision-making and business growth. When data quality suffers, organizations risk losing their strategic edge, and recent changes to U.S. statistical agencies have raised red flags among top economists.

Elon Musk’s Department of Government Efficiency (DOGE) may have completed much of its cost-cutting agenda, but its ripple effects are still being felt. Mark Zandi, chief economist at Moody’s Analytics, flags deeper risks stemming from DOGE’s workforce reductions: slashing jobs at federal statistical agencies is already eroding the quality of government data—a sign of more far-reaching consequences for public services.

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