A lack of economic data muddied the waters for investors this week, and analysts preparing their outlooks for 2026 are doing so without key economic information due to the government shutdown.
Breakdown
- Stocks closed mixed following Wall Street's worst day in a month, attributed to delayed government data and uncertainty over rate cuts.
- The government shutdown delayed key economic reports, causing increased market volatility and uncertainty about the Federal Reserve's next moves. 15s
- Officials estimate the shutdown cost about $15 billion per week, and some economic data for October, such as the unemployment rate, may never be released. 39s
- The Bureau of Labor Statistics plans to release delayed employment and earnings data by November 20th and 21st, more than a month late. 2m 1s
- The Bureau of Economic Analysis is updating its schedule, but there is no indication that an entire month's report will be skipped. 2m 15s