U.S. Economic Data Delayed as Government Shutdown Enters its Second Month

The release of key U.S. economic data, such as ADP employment figures and CPI inflation rates, has been delayed due to the ongoing government shutdown. BlockBeats reports that the October ADP employment numbers are expected to be released tonight at 21:15 UTC+8, offering a rare glimpse into the country’s economic health. Despite predictions of a potential rise in jobs by 28,000, this release is only one piece of the puzzle as over 60 days of data remains unavailable. This hiatus affects multiple critical reports, including monthly employment, unemployment, inflation (CPI and PPI), retail sales, and housing starts. With limited information available from the Federal Reserve, its decision-making regarding interest rate adjustments has become even more complex.