The publication of major U.S. economic data, including employment and inflation reports of critical importance to policymakers and investors, will be suspended indefinitely should the federal government shut down at the end of this week because of lack of funding, a government official said.
steep spending cuts this week that stand no chance of becoming law, bolstering the prospect of a shutdown on Sunday.
The Labor Department is currently scheduled to release the next monthly employment report on Oct. 6. The CPI report is due on Oct. 12. "Most services provided by the Census Bureau would cease, including production of Economic Census data, production of economic indicators, and work on the American Community Survey," the official said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: