Publication of important economic data postponed due to the closure of the US federal government

Beijing, October 4 (IANS). Due to the closure of the US federal government, labor statistics could not disclose its monthly report on employment data on October 3. The Labor Statistics Bureau, a large official statistical agency under the Department of Labor, postponed both data reporting and data collection during the government group. This will affect several important data released by the agency, including large inflation figures such as the consumer price index, which would be released in mid -October according to the scheduled time. According to the US media reports, the Bandh also influenced the statistical work of agencies such as the census bureau and economic analysis under the US Department of Trade. Economic analysts believe that the US is currently facing a complicated economic situation, including low employment and regular inflation, and the suspension of major statistical data will affect the federal reserve’s ability to determine whether the economy needs encouragement. (Sincerely-China Media Group, Beijing) -Ins as/ Share This Story Tags