Data can be available early, for a price

06/13/2013 | Wall Street Journal, The

Some economic data, such as the University of Michigan's consumer report, are available to some traders and firms seconds before the general public, for a fee. "This research is totally funded by private sources for the benefit of scientific analysis, to assess public policy and to advance business interests," said Richard Curtin, an economist who manages the consumer report. "Without a source of revenue, the project would cease to exist and the benefits would disappear."

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