As the government reopened this week that means that September job reports will become available this Thursday. The Bureau of Labor Statistics (BLS) announced that the real earnings will be out Friday and that the October CPI report may never be produced because the data could not be produced collected in person. They also announced that the unemployment rate excluded because of this as well. Economist say the pause created a "data fog" that has forced investors and policymakers to guess their way through the next couple of months.
The political pressure that came of this has been heating up in Washington with a group of Democrat senators pressing the administration for answers. They accused it of dragging its feet on releasing the information that business. They stated " the Trump Administration failure to release data or provide a clear schedule for the release of delayed data leaves businesses and policymakers without access to critical economic information." Agencies like the BLS, the BEA and the Commerce Department are still sorting out what can be salvaged and when delayed reports such as personal income, spending and GDP can be reschedule. The hope for the future is that everything will be under control by the December meetings but only time will tell.
https://www.cnbc.com/2025/11/14/heres-where-things-stand-on-when-the-government-will-start-releasing-key-economic-reports.html
1 comment:
It is interesting to see how financial markets, monetary policy, and investor confidence have been effected. I'm interested to see what the numbers look like when they do come out and how they will effect future rate cuts.
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