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Economic Indicators E- Gov Site Will Remain Online

Follow up to February 17, 2008 posting, Administration Shuts Down economicindicators.gov, this news today: “The U.S. Department of Commerce’s Economics and Statistics Administration (ESA) has decided to continue the economicindicators.gov website. Featuring the economic releases from ESA’s Census Bureau and Bureau of Economic Analysis (BEA), the site was started by this Administration in 2002 to give greater awareness to these economic statistics. ESA initially planned to discontinue the service due to cost concerns but given the feedback ESA received, the decision has been made to continue the site and improve its functionality. A popular feature of the site is the calendar that links directly to economic indicators on the Census and BEA websites. By continuing the Economic Indicators (EI) site, the fifteen major indicators released by those bureaus will still be listed, along with links to the full text of each release. EI’s information will continue to be provided free of charge. Many users also subscribe to the site and have economic indicators and the full releases emailed to them. There are a number of technical challenges with this aspect of the EI site – the service often backs up and fails because of bandwidth issues, releases sometimes take hours to reach subscribers, and some subscribers receive multiple copies of the releases while others get none at all. The cost of maintaining the site is almost entirely attributable to operating this feature. To address these concerns we will redesign the subscription feature of economicindicators.gov. The new system, which will remain free of charge, will email an abstract and link so that users can access the full release on the source website. We believe the cost of rewriting the system will, in the long-run, be less than continuing to run the existing system. The new subscription service will be operational in the next few months.”

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