Data Surge Coming Next Thursday in the U.S., Crucial for Markets

After the longest government shutdown in U.S. history, a backlog of economic data will be released, providing key insights for markets and the Federal Reserve. The U.S. Commerce and Labor Departments have announced a detailed schedule, with data rolling out from next Thursday.

Over 30 major reports, including employment, inflation, and GDP, were delayed or canceled during the shutdown. While upcoming data will support the Fed’s policy decisions, economists warn that the information gap has created “fog” that cannot be quickly cleared, and full digestion of all data will take time.

Key Data Release Dates

• Nov 20: September Nonfarm Payrolls
• Nov 21: September Real Wage Data
• Nov 26: Q3 GDP Revision, October Personal Income, Spending, and PCE Index
• Dec 4: October International Trade Report
• Dec 19: Q3 GDP Final Value

The shutdown caused unprecedented data gaps, affecting Fed decision-making. Fed Chair Powell notes that missing data may slow decisions. Some key indicators remain uncertain, including October CPI and employment. The data gaps will also impact business hiring and inventory decisions during the holiday season.