The United States’ (US) federal government has officially shut down for the first time in six years after lawmakers failed to come to an agreement on the funding bill by the September 30 midnight deadline.
The United States’ federal government has officially shut down for the first time in six years after lawmakers failed to come to an agreement on the funding bill by the September 30 midnight deadline.
Some federal agencies in charge of collecting and publishing macroeconomic data, including the Bureau of Labor Statistics, the Bureau of Economic Analysis and the Census Bureau, will stop operations until the funding is restored. As a result, some of the upcoming data releases might be delayed until government activity resumes.Below is a list of macroeconomic data that will either be released as scheduled or has the potential to be delayed.Release DateRelease time IndicatorSourcePossibly Delayed?October 111:00Weekly MBA Mortgage ApplicationsMortgage Bankers AssociationNoOctober 112:15September ADP Employment ChangeAutomatic Data Processing Inc.NoOctober 113:45September S&P Global Manufacturing PMIS&P GlobalNoOctober 114:00September ISM Manufacturing PMIInstitute for Supply ManagementNoOctober 114:00August Construction SpendingCensus BureauYesOctober 211:30September Challenger Job CutsChallenger, Gray and Christmas Inc.NoOctober 212:30Weekly Initial Jobless ClaimsDepartment of LaborYesOctober 214:00August Factory OrdersCensus BureauYesOctober 312:30September Nonfarm PayrollsBureau of Labor StatisticsYesOctober 313:45September S&P Global Services PMIS&P GlobalNoOctober 314:00September ISM Services PMI Institute for Supply ManagementNo Related news USD down, Gold at fresh record on US government shutdown The US government shutdown in the meantime is a fact US government shuts down as political gridlocks deepens
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