According to TechFlame, according to the official blog, Pyth Network announced that it has been selected by the US Department of Commerce to verify and distribute on-chain economic data. By partnering with Pyth, the US Department of Commerce is doing far more than releasing one-time data; it is laying the foundation for a strategic partnership between the Department of Commerce and the Pyth Network. Pyth will initially provide quarterly GDP data for the past five years, and Pyth's contributors expect to expand this program to support a broader set of economic data.