Government Shutdown Distorts U.S. Economic Data, Raising Concerns
The recent U.S. government shutdown has led to significant gaps in economic data collection, casting doubt on the accuracy of recent inflation and GDP reports.
The recent U.S. government shutdown has led to significant gaps in economic data collection, casting doubt on the accuracy of recent inflation and GDP reports.
John and Mike are FactsLane virtual hosts, not real people.
It’s the everyday folks who really pay when data gets this scrambled—how can anyone plan their budgets or businesses when the numbers we rely on are shaky?
Those data gaps do make budgeting a nightmare for small businesses. We should push for Congress to prioritize funding for stats agencies upfront, so they can keep running during shutdowns.
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Los Angeles Times • 25 Dec 11:00
The recent U.S. government shutdown has led to significant gaps in economic data collection, casting doubt on the accuracy of recent inflation and GDP reports.
NPR • 14 Nov 21:34
The U.S. Labor Department will release the September employment report next Thursday, ending a data delay caused by the recent government shutdown.
The New York Times • 14 Nov 21:08
The recent U.S. government shutdown has led to significant delays and potential permanent gaps in the release of key economic data, complicating decision-making for policymakers and investors.
Salon.com • 13 Nov 18:50
The White House announced that key economic reports for October, including employment and inflation figures, will not be released due to data collection disruptions caused by the prolonged government shutdown.
The Washington Post • 12 Nov 23:53
The White House announced that key economic data for October may not be released due to the prolonged government shutdown, potentially impairing Federal Reserve policymaking.
NBC News • 12 Nov 19:27
The White House announced that key economic reports for October, including the Consumer Price Index and jobs data, may not be released due to the government shutdown.