By Alicia Wallace of Xenix News
Thank you for reading this post, don't forget to subscribe!Figures for retail sales and wholesale inflation in September were released on Tuesday, delayed for several weeks due to the recent US government shutdown.
However, it is still uncertain when, or if, the retail sales and Producer Price Index reports for the upcoming months will be published.
The federal statistical agencies are addressing an unusual backlog of economic data due to the extended funding hiatus that hindered their ability to gather, analyze, and publish reports for over a month and a half.
Currently, several important economic reports for October – particularly the jobs report and the Consumer Price Index – will not be released in their original format. Rather, incomplete data will be published together with the November reports.
By Tuesday afternoon, the Bureau of Labor Statistics had not yet given an update regarding the release of the October PPI or a new date for the November report.
The Census Bureau still has a “TBD” attached to the October release date for retail sales.
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