How many times is CES data revised?
When CES data for a given month is first released, it is referred to as preliminary data. These estimates have been calculated from the portion of the sample that has been received by a predetermined due date in order to have the data released in a timely manner. A few weeks after the preliminary data has been released to the public, the estimates are recalculated to include additional sample that has been received since the preliminary estimates were calculated. Such data is referred to as revised data and is released along with the following month’s preliminary data. For example, from the main CES home page, data can be obtained on the most recently released monthly data. That data for the current month is preliminary data, while the previous month’s data is revised. Every year, all CES data goes through another revision, which is termed benchmark. During the benchmark process, all previously released revised data is replaced with benchmark numbers. Read more about the benchmark proc