Eleven Economic Reports Delayed Due to Gov't Shutdown: Do We Even Need Them?

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Published : January 18th, 2019
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Category : Crisis Watch

Housing starts, retail sales, and business inventory reports are MIA this week. 8 prior reports are also missing.

Government workers failed to produce at least three economic reports this week alone due to the shutdown. Other reports went missing in action last week.

Economic Reports Not Produced

  1. New Home Sales: Dec 27
  2. Advance Retail Inventories: Dec 28
  3. Advance Wholesale Inventories: Dec 28
  4. Advance Trade: Dec 28
  5. Construction Spending: Jan 3
  6. Factory Orders: Jan 7
  7. International Trade: Jan 8
  8. Wholesale Trade: Jan 10
  9. Retail Sales: Jan 16
  10. Business Inventories: Jan 16
  11. Housing Starts: Jan 17

Do we really need government employees compiling these reports or is this something private industry should do?

Source : moneymaven.io
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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
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