General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGDP Report Cancelled
WASHINGTON (Reuters) -The U.S. Bureau of Economic Analysis said on Monday it had canceled the release of the advance gross domestic product estimate for the third quarter because of the recently ended government shutdown.
The advance estimate was originally scheduled for release on October 30. Last week, the BEA said the second estimate of third-quarter GDP and preliminary corporate profits that were due on November 26 would be rescheduled. The BEA publishes advance, second and third estimates for quarterly GDP.
leftstreet
(38,580 posts)Not sure the Jobs report AND GDP report have ever been cancelled at the same time
C_U_L8R
(48,637 posts)Trump is scrambling to hide all the bad news and corruption.
We can't trust ANY numbers that they reveal
ProfessorGAC
(75,481 posts)GDPNow, which is run by the Fed, and the Harvard business estimates (among others) will still be public.
They can't stop this news from coming out.
Yeah, they'll just send Bessent out to say those other estimates are wrong, but the info will get out there.