After Jennifer, Marie Concannon, Katrina Stierholz, and I presented on the PEGI project looking at the preservation of economic data and information. Marie is the Head of the Government Information and Data Archives at University of Missouri and Katrina is the Vice President and Director of Library and Research Information Services at the Federal Reserve Bank of St. Louis. I discussed the history of PEGI and current focus of the project. Marie talked about issues she had come across in her work with economic data (and by the way check out her awesome Prices and Wages by Decade libguide). She discussed several of the issues that we’ve encountered including lack of data documentation, the move to cloud services that require a fee for extraction of government data, and the commercialization of government data. Finally, she mentioned the decreasing number of electronic documents available through the GPO, despite the move to electronic formats. For example, she searched the GPO’s Catalog of Government Publications for the “L” SuDoc, which includes the documents for the Labor department, and only 30 items came up. Keep in mind, these aren’t print documents; these are the electronic documents. Her presentation brought home the scale of the problem that we face regarding the loss of government information.
Katrina then talked about the process of revising economic data and the importance in capturing those revisions over time. She talked about how current versions of economic data are less accurate, but those are the ones on which policy is often made. Therefore, we need to collect the past data so that we can better understand how policy was decided and what the errors were. Moreover, ALFRED, the historical economic data database, only captures series that are in FRED, but there are a lot of data series that aren’t in FRED. Furthermore, the Federal Reserve Banks aren’t government agencies and aren’t subject to the same rules for retention. So, the question becomes how do we coordinate with these kinds of special nongov organizations that are producing information necessary to the functioning of our government? What becomes the highest priorities?
Lots to think about. PEGI will hold a national forum in December at the CNI meeting with the goal of bringing in stakeholders from the wider communities (librarians, community leaders, activists, archivists, journalists, and government employees). More to come on those discussions soon.