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BLS Data Affected by Recent Government Shutdown
Washington, DC CNN — In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing data, including key figures on inflation and unemployment. A lack of crucial government data would make it difficult for investors and the Federal Reserve to interpret the US economy. For now, the economy’s future is unclear: Inflation could slow to the Fed’s 2% target without a spike in unemployment — known as a “soft landing” — or the economy could slip into a recession as the effects of the Fed’s 11 rate hikes take a deeper hold. The state of the economy is understood through data and,…