Which US economic data releases could be delayed if government funding is not restored?
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.
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 Date | Release time (GMT) | Indicator | Source | Possibly Delayed? |
|---|---|---|---|---|
October 1 | 11:00 | Weekly MBA Mortgage Applications | Mortgage Bankers Association | No |
October 1 | 12:15 | September ADP Employment Change | Automatic Data Processing Inc. | No |
October 1 | 13:45 | September S&P Global Manufacturing PMI | S&P Global | No |
October 1 | 14:00 | September ISM Manufacturing PMI | Institute for Supply Management | No |
October 1 | 14:00 | August Construction Spending | Census Bureau | Yes |
October 2 | 11:30 | September Challenger Job Cuts | Challenger, Gray and Christmas Inc. | No |
October 2 | 12:30 | Weekly Initial Jobless Claims | Department of Labor | Yes |
October 2 | 14:00 | August Factory Orders | Census Bureau | Yes |
October 3 | 12:30 | September Nonfarm Payrolls | Bureau of Labor Statistics | Yes |
October 3 | 13:45 | September S&P Global Services PMI | S&P Global | No |
October 3 | 14:00 | September ISM Services PMI | Institute for Supply Management | No |