Monday , October 14 2019
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Eleven Economic Reports Delayed Due to Gov’t Shutdown: Do We Even Need Them?

Summary:
Housing starts, retail sales, and business inventory reports are MIA this week. 8 prior reports are also missing. Government workers failed to produce at least three economic reports this week alone due to the shutdown. Other reports went missing in action last week. Economic Reports Not Produced New Home Sales: Dec 27 Advance Retail Inventories: Dec 28 Advance Wholesale Inventories: Dec 28 Advance Trade: Dec 28 Construction Spending: Jan 3 Factory Orders: Jan 7 International Trade: Jan 8 Wholesale Trade: Jan 10 Retail Sales: Jan 16 Business Inventories: Jan 16 Housing Starts: Jan 17 Do we really need government employees compiling these reports or is this something private industry should do? Mike "Mish" Shedlock

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Housing starts, retail sales, and business inventory reports are MIA this week. 8 prior reports are also missing.

Government workers failed to produce at least three economic reports this week alone due to the shutdown. Other reports went missing in action last week.

Economic Reports Not Produced

  1. New Home Sales: Dec 27
  2. Advance Retail Inventories: Dec 28
  3. Advance Wholesale Inventories: Dec 28
  4. Advance Trade: Dec 28
  5. Construction Spending: Jan 3
  6. Factory Orders: Jan 7
  7. International Trade: Jan 8
  8. Wholesale Trade: Jan 10
  9. Retail Sales: Jan 16
  10. Business Inventories: Jan 16
  11. Housing Starts: Jan 17

Do we really need government employees compiling these reports or is this something private industry should do?

Mike "Mish" Shedlock

Mike Shedlock
Mike Shedlock (Mish) is a registered investment advisor representative for SitkaPacific Capital Management (http://www.sitkapacific.com/). Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

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