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yesterday

BEA Cancels Q3 Advance GDP, Sets First Estimate for Dec. 23 After Shutdown

A shutdown-driven backlog forces an abbreviated GDP schedule, leaving policymakers with fewer official signals.

A large US flag flies outside the White House in Washington, DC on November 23, 2025.
Customers shop for groceries at a Walmart Supercenter retail store in North Bergen, New Jersey, U.S., November 21, 2025. REUTERS/Mike Segar/File Photo
U.s. bureau delays gdp report after government shutdown
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Overview

  • The Bureau of Economic Analysis scrapped the third‑quarter advance GDP release and will issue only two estimates, with the first now scheduled for Dec. 23 and the final date to be determined.
  • September Personal Income and Outlays, including the PCE inflation gauge, was moved to Dec. 5, and multiple state and county economic reports will be rescheduled.
  • The Bureau of Labor Statistics will not publish October employment and Consumer Price Index data due to compilation problems after the shutdown.
  • The cancellations have drawn partisan criticism and allegations of withholding data, while the White House press secretary has blamed Democrats for damaging the statistical system.
  • Private gauges are filling gaps, with the Atlanta Fed’s GDPNow pointing to strong third‑quarter growth as the Federal Reserve navigates decisions with a thinner data set.