es - C rom wick ▁and ▁Cor on ado ▁consider ▁how ▁private ▁data ▁interact s ▁with ▁government ▁data ▁in ▁inform ing ▁business ▁dec isions . ▁The ▁authors ▁st ip ulate ▁the ▁importance ▁of ▁public ▁government ▁data ▁being ▁provided ▁in ▁addition ▁to ▁data ▁acquired ▁by ▁private ▁companies . ▁Hugh es - C rom wick ▁and ▁Cor on ado ▁emphas ize ▁that ▁the ▁value ▁US ▁government ▁data ▁is ▁extremely ▁high , ▁and ▁even ▁increasing ▁in ▁recent ▁times ▁as ▁improvements ▁in ▁technology ▁allow ▁more ▁data ▁to ▁become ▁readily ▁accessible . ▁They ▁argue ▁that ▁subs id izing ▁government ▁data ▁collection ▁is ▁mer ited . ▁ ▁Hugh es - C rom wick ▁served ▁as ▁the ▁President ▁of ▁the ▁National ▁Association ▁for ▁Business ▁Econom ics ▁from ▁ 2 0 0 7 - 2 0 0 8 . ▁As ▁President , ▁she ▁presented ▁her ▁research ▁on ▁the ▁changing ▁economic ▁climate ▁at ▁the ▁October ▁ 6 , ▁ 2 0 0 8 ▁National ▁Association ▁of ▁Business ▁Econom ics ▁conference . ▁As ▁ 2 0 0 8 ▁marked ▁the ▁ 5 0 th ▁anni versary ▁of ▁the ▁N AB E , ▁Hugh es - C rom wick ▁compared ▁and ▁contrast ed ▁the ▁economy ▁in ▁ 2 0 0 8 ▁and ▁in ▁ 1 9 5 8 . ▁She ▁discussed ▁the ▁golden ▁age ▁of ▁the ▁ 1 9 5 0 s ▁and ▁describes ▁how ▁the ▁economy ▁was ▁bo oming ▁prior ▁to ▁the ▁re cess ion ▁of ▁ 1 9 5 7 - 1 9 5 8 . ▁She ▁emphas ized ▁that ▁the ▁financial