inflation, September CPI data
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On this particular Friday, at 8:30 a.m. ET, the Bureau of Labor Statistics was supposed to release the September jobs report.
The Federal Reserve is no longer receiving data on private-sector employment from an independent provider, adding to policymakers’ lack of timely information on the economy amid the ongoing federal government shutdown.
A big unknown ahead of the September CPI is how much the government shutdown, which started Oct. 1, impacts the data. Ten days later, statisticians at the Bureau of Labor Statistics were called back to work to complete the report.
The September CPI inflation report is likely to show that the cost of food, electricity and housing all continued to increase for Americans.
A once-obscure data-sharing deal between ADP and the Fed helped shape monetary policy for years—until it abruptly vanished.
Investors might get the September retail inflation numbers despite the ongoing U.S. government shutdown, as the U.S. Bureau of Labor Statistics has reportedly recalled some workers to get the report out.
The Tennessee Department of Labor and Workforce Development has delayed releasing September's county unemployment data due to the federal government shutdown.