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Administration shuts down “best-of-web” economicindicators.gov

Forbes has awarded EconomicIndicators.gov one of its “Best of the Web” awards. As Forbes explains, the government site provides an invaluable service to the public for accessing U.S. economic data:

This site is maintained by the Economics and Statistics Administration and combines data collected by the Bureau of Economic Analysis, like GDP and net imports and exports, and the Census Bureau, like retail sales and durable goods shipments. The site simply links to the relevant department’s Web site. This might not seem like a big deal, but doing it yourself — say, trying to find retail sales data on the Census Bureau’s site — is such an exercise in futility that it will convince you why this portal is necessary.

Yet the Bush administration has decided to shut down this site because of “budgetary constraints,” effective March 1.

(From economicindicators.gov) Due to budgetary constraints, the Economic Indicators service will be discontinued effective March 1, 2008.

Economic Indicators.gov is brought to you by the Economics and Statistics Administration at the U.S. Department of Commerce. Our mission is to provide timely access to the daily releases of key economic indicators from the Bureau of Economic Analysis and the U.S. Census Bureau.

Here’s a cross-section of the data available:

Advance Monthly Sales for Retail and Food Services | Advance Report on Durable Goods | Construction Put in Place | Corporate Profits | Current Account Balance (International Transactions) | Gross Domestic Product | Housing Vacancies and Homeownership | Manufacturer’s Shipments, Inventories, and Orders | Manufacturing and Trade: Inventories and Orders | Manufacturing and Trade: Inventories and Sales | Monthly Wholesale Trade | New Residential Construction | New Residential Sales | Personal Income and Outlays | Quarterly Financial Report | Quarterly Services | Retail E-Commerce Sales | U.S. International Trade in Goods and Services | U.S. International Transactions |

*sigh*

[Thanks ThinkProgress.org]

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