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Showing Original Post only (View all)White House says October jobs and inflation data may never be released because of the shutdown [View all]
Source: CNBC
Published Wed, Nov 12 2025 1:43 PM EST Updated 7 Min Ago
Key economic reports for October may not be released at all because of the government shutdown, a senior White House official said Wednesday. With the spending impasse appearing to be near an end, White House press secretary Karoline Leavitt told reporters that part of the fallout could be lasting damage to the governments data collection ability.
The Democrats may have permanently damaged the Federal Statistical system with October CPI and jobs reports likely never being released, Leavitt said. All of that economic data released will be permanently impaired, leaving our policymakers at the Fed, flying blind at a critical period.
Release of important economic data has been at the forefront of Wall Street concerns as the shutdown dragged on for more than six weeks, the longest in history.
Among the most important releases are the monthly nonfarm payrolls count and the consumer price index, both of which come from the Labor Departments Bureau of Labor Statistics. Other data impacted includes retail sales, import and export data as well as consumer spending and income. Most Wall Street economists have been expecting all of the data to be released, albeit delayed. However, Leavitts comments cast doubt on whether that will happen.
Read more: https://www.cnbc.com/2025/11/12/white-house-october-data-release.html
Well that will go over well with the economists.
Article updated.
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Published Wed, Nov 12 2025 1:43 PM EST Updated 3 Min Ago
Key economic reports for October may not be released at all because of the government shutdown, a senior White House official said Wednesday.
With the spending impasse appearing to be near an end, White House press secretary Karoline Leavitt told reporters that part of the fallout could be lasting damage to the government's data collection ability.
"The Democrats may have permanently damaged the Federal Statistical system with October CPI and jobs reports likely never being released," Leavitt said. "All of that economic data released will be permanently impaired, leaving our policymakers at the Fed, flying blinds at a critical period."
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