All articles tagged with #bureau of labor statistics
Originally Published 24 days ago — by Financial Times
Wall Street economists warn that November's US inflation report, showing a sharp decline, may be flawed due to missing data caused by the government shutdown, leading to skepticism about the accuracy of the figures and their impact on monetary policy.
Originally Published 2 months ago — by The Washington Post
In September, consumer prices increased at a 3% annual rate, the highest since January, signaling a rise in inflation according to the Bureau of Labor Statistics.
Originally Published 2 months ago — by businessinsider.com
The White House announced that there will likely be no inflation report released in November due to the ongoing government shutdown, which has paused data collection by the Bureau of Labor Statistics. This absence of data could impact the Federal Reserve's decision-making on interest rates and leave markets and policymakers without crucial information on inflation trends.
Originally Published 2 months ago — by Bloomberg.com
The US government is unlikely to release October inflation data due to the ongoing shutdown, which has halted data collection activities at the Bureau of Labor Statistics, marking the first time such data is not published in history. This delay could impact markets, businesses, and the Federal Reserve's decision-making.
Originally Published 3 months ago — by Axios
During the government shutdown, businesses and policymakers turned to alternative private sector data sources like restaurant reservations, hotel occupancy, and job listings to gauge the economy, highlighting the importance of the official data from the Bureau of Labor Statistics, which remains the gold standard for economic measurement despite the availability of various unconventional indicators.
Originally Published 3 months ago — by CNBC
The US Labor Department's Bureau of Labor Statistics will resume work on September's consumer price index report despite the ongoing government shutdown, with the report scheduled for release on October 24, nine days later than planned, while other data releases remain delayed due to the shutdown.
Originally Published 3 months ago — by Axios
The Bureau of Labor Statistics is recalling staff to finalize and release the delayed Consumer Price Index (CPI) data, crucial for determining the Social Security Cost of Living Adjustment (COLA), which was postponed due to the government shutdown. The CPI data, essential for economic and Federal Reserve decisions, is now expected to be released soon, ensuring timely COLA calculations despite other delayed reports like September's unemployment figures.
Originally Published 3 months ago — by The New York Times
The Bureau of Labor Statistics is partially resuming work to release the September Consumer Price Index data despite the federal government shutdown, which has delayed key economic reports, including the jobs report, but the CPI data will be available in time for the Federal Reserve's upcoming meeting.
Originally Published 3 months ago — by CNN
Senator Elizabeth Warren urges the Trump administration to release the September jobs report despite the government shutdown, emphasizing its importance for economic decision-making, while the White House blames Democrats for the shutdown, which is also delaying other critical economic data.
Originally Published 3 months ago — by NPR
E.J. Antoni, Trump's controversial nominee to lead the Bureau of Labor Statistics, has withdrawn his bid amid bipartisan criticism over his partisan background and lack of statistical expertise, leading to the search for a more suitable candidate.
Originally Published 3 months ago — by The New York Times
The White House withdrew its nomination of conservative economist E.J. Antoni to lead the Bureau of Labor Statistics amid bipartisan criticism and concerns over his lack of government experience and his history of criticizing the agency's reports. The agency is currently led on an interim basis, facing challenges like budget cuts and politicization, with a new nominee expected soon.
Originally Published 3 months ago — by CNBC
The White House has withdrawn its nomination of E.J. Antoni, a conservative economist, to lead the Bureau of Labor Statistics amid concerns from Republicans and critics about the reliability of the agency's data, especially amidst ongoing political tensions and a potential government shutdown that could delay key economic reports.
Originally Published 3 months ago — by AP News
The White House has withdrawn E.J. Antoni's nomination to lead the Bureau of Labor Statistics amid concerns over his partisan background and credibility, with plans to nominate a new candidate soon, as part of broader efforts to control economic data reporting.
Originally Published 3 months ago — by NBC News
The White House withdrew E.J. Antoni's nomination to lead the Bureau of Labor Statistics amid scrutiny over his views and past comments, with plans to nominate a new candidate soon, as the administration seeks to restore trust in economic data.
Originally Published 3 months ago — by Axios
The White House withdrew its controversial nomination of economist E.J. Antoni to lead the Bureau of Labor Statistics due to concerns over his qualifications and partisan views, amid fears of politicizing the agency responsible for key economic data.