White House says key economic reports may not be released

 

The White House said Wednesday it was unlikely that key federal inflation and labor reports impacted by the government shutdown would be released.

“The Democrats may have permanently damaged the federal statistical system, with October CPI and jobs reports likely never being released, and all of that economic data released will be permanently impaired, leaving our policymakers at the Fed flying blind at a critical period,” White House press secretary Karoline Leavitt said.

Economists had already expected that October's CPI data on inflation might not be released because federal workers who would have collected the data if the government had been open were not deployed after Oct. 1.

After Leavitt’s briefing, the White House clarified that September’s jobs report, for which data was collected before the government shut down, would be released once the stoppage ended. However, October’s jobs report, originally scheduled to be released last week, may not be.

The most recent jobs report issued before the shutdown began was the August jobs report, which was released on Sept. 5.

The Bureau of Labor Statistics and the Department of Labor did not immediately respond to requests for comment on Leavitt’s comments.

Already, policymakers, market participants and economists expect a fog of data after the shutdown ends.

🌐 Website: https://statisticsaward.com/
🏆 Nomination: https://statisticsaward.com/award-nomination/?ecategory=Awards&rcategory=Awardee
📝 Registration: https://statisticsaward.com/award-registration/

Comments

Post a Comment

Popular posts from this blog

Data experts race to preserve US government statistics amid quiet purges

Image
                                                After watching data sets be altered or disappear from U.S. government websites in unprecedented ways after President Donald Trump began his second term, an army of outside statisticians, demographers and computer scientists have joined forces to capture, preserve and share data sets, sometimes clandestinely. "There are trillions of bytes of data files, and I can't even imagine how many public dollars were spent to collect those data. ... But right now, they're sitting someplace that is inaccessible because there are no staff to appropriately manage those data," Jennifer Park, a study director for the Committee on National Statistics, National Academies of Sciences, Engineering, and Medicine, said during the conference hosted by the Association of Public Data Users (APDU). Their goal is to make sure they are available in t...
Read more

Why are data nerds racing to save US government statistics ?

Image
  The data nerds are fighting back. After watching data sets be altered or disappear from U.S. government websites in unprecedented ways after President Donald Trump began his second term, an army of outside statisticians, demographers and computer scientists have joined forces to capture, preserve and share data sets, sometimes clandestinely. Their goal is to make sure they are available in the future, believing that democracy suffers when policymakers don’t have reliable data and that national statistics should be above partisan politics. “There are such smart, passionate people who care deeply about not only the Census Bureau, but all the statistical agencies, and ensuring the integrity of the statistical system. And that gives me hope, even during these challenging times,” Mary Jo Mitchell, director of government and public affairs for the research nonprofit the Population Association of America, said this week during an online public data-users conference. Th...
Read more

11 Essential Statistical Tools for Data-Driven Research

Image
  Best Statistical Tools, Statistical analysis is a crucial part of research, and statistical tools can streamline the process by helping researchers interpret the data in a simpler format. Here's the list of best statistical tools. 1. R In data analytics, R stands out among the top open-source statistical tools. Researchers in statistics use it. It provides high-quality toolboxes that can be used for many different things. The learning curve for the open-source programming language R is steep. R programming provides an efficient data handling and storage facility. R also has the best set available for array calculations. Thanks to its graphical tools for analysis, data visualization is another area where R shines. It is an all-inclusive high-level programming language with various functions, conditional loops, and decision expressions 2. Python Python is a versatile language with statistics modules. Its versatility and depth make it an excellent choice for creating analysis pipeli...
Read more