U.S. Bureau delays GDP report after government shutdown
GDP data as scheduled due to a government shutdown, leaving policy makers without timely insights.
- The initial third-quarter U.S. GDP estimate is delayed, with the BEA giving no clear timeline for release following a government shutdown.
- The BEA’s second GDP estimate and September personal income/spending report are postponed, with some data now expected by December 5.
- The delays leave policymakers, investors, and markets without crucial economic growth information, potentially impacting decision-making.
The U.S. Bureau of Economic Analysis announced Monday it will not publish the delayed initial estimate of third-quarter gross domestic product, originally scheduled for Oct. 30, due to a prior government shutdown.
The agency provided no specific timeline for the initial estimate’s release, according to the Wall Street Journal, stating it plans to resume its reporting schedule with an updated estimate at a later, yet-to-be-scheduled date.
U.S. Bureau of Economic Analysis releasing GDP estimate later then expected
The BEA typically issues three sequential GDP estimates per quarter, providing a comprehensive view of economic activity. Officials indicated the second estimate, previously set for Wednesday, is also likely to be postponed.
In a related development, the BEA reassigned the publication date for its September personal income and spending report, which includes the personal-consumption expenditures price index, the Federal Reserve ‘s preferred measure of inflation . That report, originally scheduled for Oct. 31, is now expected on Dec. 5, according to the agency.
The initial GDP data serves as a key indicator of U.S. economic growth trends, particularly following disruptions from the shutdown. The delay leaves a gap in timely data that informs policymakers, investors and market participants.
The agency has not provided additional guidance on whether further adjustments to its release schedule may be necessary.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana News Update: Franklin's Solana ETF—Will It Surge Past $142 or Fall Short?
- Franklin Templeton files Form 8-A for Solana ETF, nearing NYSE Arca listing after regulatory clearance. - The 0.19% fee ETF offers physical SOL exposure, joining Bitcoin/Ethereum crypto products to meet rising institutional altcoin demand. - Market analysis highlights $142 price resistance for SOL, with ETF inflows potentially driving a $150 breakout or triggering a pullback below $118. - 2025 regulatory shifts enabled rapid commodity-based crypto ETF approvals, spurring innovation like staking-enabled f
Bitcoin Updates: Stocks Connected to Bitcoin Surge as Metaplanet Secures $130M Loan for BTC Acquisition
- Tokyo-listed Metaplanet borrowed $130M against 30,823 BTC collateral amid market downturn, signaling institutional crypto confidence. - The firm aims to expand BTC holdings to 210,000 by 2027 using debt, mirroring MicroStrategy's treasury strategy despite volatility risks. - Shares rose ¥366 as investors back Bitcoin-centric model, though regulators scrutinize such structures amid Asian market concerns.
UK's FCA Pilots Crypto Disclosure Templates to Establish International Standards for Transparency
- UK's FCA approves Eunice to test standardized crypto disclosure templates in its regulatory sandbox, involving major exchanges like Coinbase and Kraken. - The initiative aims to enhance transparency through real-world trials, reflecting FCA's industry-led regulatory approach and 2026 crypto rule roadmap. - Templates developed via 2023 consultation address institutional adoption needs, with potential global influence as EU and US draft their own frameworks. - Challenges include adapting disclosures to cry
Token Cat’s Crypto Strategy: Will Limited Funds Drive International Growth?
- Token Cat appoints Sav Persico as COO to accelerate its crypto and asset management transformation, leveraging his 30+ years in blockchain infrastructure and enterprise operations. - Persico will build a Bitcoin/Ethereum-focused asset framework, develop risk-controlled strategies, and expand blockchain-business synergies as part of the strategic pivot. - A $1B cross-border partnership with Ouyi Industrial aims to integrate automotive expertise with global trade networks, boosting digital efficiency and i
Trending news
MoreCrypto prices
More
