Do Economic Statistics Leak Out Before Their Official Announcements?

Abstract

The finding of this study is that most of the 14 economic data examined in this study appear to not leak out before the official announcement. However, it appears that three of the 14 may indeed become available to some traders. This statement is based on the facts that for each of the three number of positive observations are considerably above the halfway mark, and the net positive weighted values for each of the three are fairly high. These three variables are the Producer Price Inde3x, Consumer Credit, and the Purchasing Managers Survey.