Shutdown won’t stop key jobs report or CPI, but other data could be impacted

The particular partial government shutdown will have some impact on the release of market-moving economical data, although the biggest reports likely will not be impacted.

Most prominently, the Agency of Labor Statistics still plans on releasing the critical nonfarm payrolls statement Jan. 4. Likewise, the Labor Department’s weekly unemployed claims data also will be released, according to a government announcement Wednesday. The consumer price catalog also likely can come away on schedule.

Other produces, though, could be postponed should the shutdown continue.

Specifically, that includes data from the Census Agency and Bureau of Financial Analysis on new home sales, the trade balance and wholesale inventories. Ought to the shutdown extend through January, it will also impact durable goods orders, store sales and the very first reading of fourth-quarter GDP, in accordance to Citigroup economist Toby Hollenhorst.

Treasury auctions likely will go off as scheduled as “these functions will be characterized as ‘essential’ and allowed to continue, ” he additional.

Hollenhorst estimated the arrêt will have a “limited” economical effect as the 380, 000 furloughed staff could get paid later through an act of Congress and the four twenty, 000 employees working without pay also will get reimbursed later.

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