Raphael Bostic, Interview: Business Uncertainty Panel, Member Economic Briefing and Policy Discussion

“When we do our briefings, and we’re going to break into that in a couple of weeks, we definitely go through all the national numbers, but we always have an extended segment where we review the responses from the SBU and some of the other surveys that we do. That really informs us because it allows us to compare what we’re hearing from our surveys with the data as it’s coming in. Over the last 18 months, the stuff that we’ve been getting in the surveys has actually been different than what we see in the aggregate numbers, and in many regards it’s led it.”