Alternative gauges are helping to shed light on the precarious position of the economy with the publication of official data frozen by the government shutdown.
Economic data on inflation and especially the labor market are in high demand by the Federal Reserve and economists. With official data unavailable, private firms and companies are looking to fill the void.
Economists and the Fed have been closely analyzing every economic report, given indications that the labor market is slowing and inflation remains too high. Crucially, the most recent jobs report for September has already been delayed.
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CONSUMER SENTIMENT FELL AS GOVERNMENT SHUT DOWN
In some good news for the Fed, the Bureau of Labor Statistics has called back some furloughed employees to help release the consumer price index,
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