Question

“Everybody worth listening to in this business agrees that changes over the past year lag events by too much, while monthly numbers are too noisy." What does this mean?

Answer 1

This statement suggests that there is a consensus among experts in a certain business that the changes that have occurred in the past year are not reflected quickly enough in the data, while the data collected on a monthly basis is too variable and unreliable. In other words, the data is not providing an accurate and timely reflection of what is happening in the business.