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White House Warns October Economic Data May Never Be Released Due to Shutdown

White House Warns October Economic Data May Never Be Released Due to Shutdown

Author:

Global Cryptocurrency

Published:

2025-11-12 21:49:01

16

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BTCCSquare news:

The WHITE House has confirmed that critical October jobs and inflation data may never see release, citing irreversible damage from the six-week government shutdown. Press Secretary Karoline Leavitt accused Democrats of causing a "permanent impairment" to the Federal Statistical System, leaving policymakers and markets without key metrics.

The Bureau of Labor Statistics' closure during October's data collection window means nonfarm payrolls, CPI figures, retail sales, and trade statistics simply don't exist for the period. This data blackout creates unprecedented uncertainty for financial decision-making, with no mechanism to reconstruct the lost information.

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