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BEA Plans New Release Calendar After 43-Day Shutdown as Agencies Flag Missing October Data

Officials warn some October figures may be unrecoverable, creating a data gap for the Fed before its Dec. 9–10 meeting.

Overview

  • BEA said it is consulting with BLS, the Census Bureau and other suppliers to assess data availability and will publish updated release dates.
  • The shutdown halted collection, processing and publication of key indicators, including employment and inflation reports, creating quality concerns for October data.
  • White House economic adviser Kevin Hassett said the October jobs report is expected to be released without the unemployment rate because the household survey was not conducted.
  • The Bureau of Labor Statistics indicated the October consumer price index may not be compiled due to missed in-person price collection and asked for patience as schedules are reset.
  • Democratic senators pressed the administration to release as much data as possible, while private providers offered interim estimates that economists say cannot fully replace official statistics.