By Davide Barbuscia

NEW YORK (Reuters) -U.S. bond firm DoubleLine said on Wednesday it is using a variety of official and private data sources to assess the health of the U.S. economy, as it is worried about a decline in the quality of data published by the Labor Department’s Bureau of Labor Statistics.

In August the Bureau of Labor Statistics published sharp downward revisions to previous jobs data, jolting markets and raising investor worries the Federal Reserve may have been flying blind and would need to catch up with interest rate cuts. President Donald Trump said at the time, without evidence, that numbers contained in the July jobs report were rigged and removed the head of BLS, exacerbating concerns about the integrity of U.S. economic data.

“At DoubleLine, we take a holistic ap

See Full Page