BNP Paribas is out with a note estimating how the economic data schedule might look if the US government reopens today. It’s not a pretty picture.
Yes, we would get the September non-farm payrolls report fairly quickly as the government was shut down right before it was released but it’s ancient history now. The October one will take some compiling and they estimate Nov 26, with the November report delayed a week as well.
In short, we’re going to be digging out of this mess until close to year end.
Release | Scheduled | Nov. 10 Reopening
Employment (Sept) | Oct. 3 | Nov. 12
Retail sales (Sept) | Oct. 16 | Nov. 21
GDP (Q3) | Oct. 30 | Nov. 26
PCE (Sept) | Oct. 31 | Nov. 26
Employment (Oct) | Nov. 7 | Nov. 26
CPI (Oct) | Nov. 13 | unknown
PCE (Oct) | Nov. 26 | Dec. 19
Employment (Nov) | Dec. 5 | Dec. 12
CPI (Nov) | Dec. 10 | Dec. 17