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Shutdown Nears End as Agencies Brace for Slow Restart of Economic Data

A backlog at statistical agencies will slow catch-up releases following warnings that some surveys may be irretrievable.

Overview

  • Congress has advanced a stop‑gap funding bill and the government could reopen by the end of the week once final votes are taken and President Donald Trump signs it.
  • The Bureau of Labor Statistics is expected to publish a revised release calendar early next week, with the already collected September employment report likely first and the October jobs report coming soon after.
  • Other major series including CPI, retail sales, and personal income and spending are expected to face longer delays as agencies work through a backlog and a compressed November collection period.
  • White House National Economic Council Director Kevin Hassett said some monthly surveys were never completed, raising the possibility of permanent gaps for October even as agencies consider how to backfill missing responses.
  • Private estimates point to roughly a 50,000 decline in October payrolls and the status of the Nov. 26 PCE inflation release is uncertain, while Fed Chair Jerome Powell says the broader outlook for jobs and inflation has not changed much.