Goldman Sachs: Macroeconomic data is unlikely to be released as scheduled this week; updated release timetable expected next week

BlockBeats News, November 13, the release of several key U.S. macroeconomic data originally scheduled for tonight—including the October unadjusted CPI year-on-year rate, the October seasonally adjusted CPI month-on-month rate, and initial jobless claims for the week ending November 8—will still be delayed, even though Trump has signed a bill today to officially end the U.S. government shutdown. Goldman Sachs believes that the Bureau of Labor Statistics will release an updated data schedule early next week. In addition, Goldman Sachs expects the release of other important data to be postponed as well.

Goldman Sachs stated that after the data freeze period ends, newly released macroeconomic data is expected to show a slowdown in the labor market, inflation rates remaining above the Federal Reserve’s target, and positive but not rapid economic growth.