Funds Needed To Develop CPI Quality Control System
GGD-83-32
Published: Apr 01, 1983. Publicly Released: Apr 01, 1983.
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Highlights
GAO reviewed the manner by which the Bureau of Labor Statistics (BLS) collects and processes data for the Consumer Price Index (CPI) and pointed out the need for better controls over the quality of that data.
Recommendations
Matter for Congressional Consideration
| Matter | Status | Comments |
|---|---|---|
| Congress should approve funding requests to design a quality control system for the CPI. | When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information. |
Recommendations for Executive Action
| Agency Affected | Recommendation | Status |
|---|---|---|
| Department of Labor | The Secretary of Labor should direct BLS to assess all aspects of the CPI program to identify ways it can better ensure CPI data accuracy, within the current budget environment, until a formal quality control system is implemented, and attach appropriate warnings to the local area CPI's so users are aware of BLS concerns about the reliability of those indexes. |
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
|
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Topics
Data collectionData integrityPrice indexesQuality assuranceQuality controlAgricultural commoditiesData errorsConsumer price indexLabor statisticsElectronic data processing