So what's the big deal about the American Community Survey? Well, an amendment was passed in the House late last week to forbid any more money from being spent on the survey. This would effectively kill it, meaning this information would no longer be available.
This is a huge issue because the ACS gives annual updates of economic, demographic and housing characteristics, is widely considered a vital tool for business decision makers and a source for economic statistics on growth, inflation and consumer spending. The loss of this survey would reduce understanding about what is happening in the economy and the effectiveness of business and government policy.
The ACS isn't dead quite yet though. The Senate still has to vote on it. While you wait for that, here's more from Bloomberg Businessweek.