The October jobs and inflation reports may never be released due to the government shutdown, White House press secretary Karoline Leavitt said Wednesday.
As Bloomberg writes, the Bureau of Labor Statistics has halted operations, leaving key economic indicators like CPI and unemployment in limbo.
Economists say some data may be recovered later, but that some could be permanently lost. The missing reports could leave the Federal Reserve without critical information ahead of its Dec. 9–10 meeting on interest rates.
The House is expected to vote soon on a Senate-approved bill to reopen the government, but officials say even after funding is restored, it may take weeks for agencies to resume normal data publication schedules and recover delayed reports.
