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17 matches for " government shutdown":
A shutdown of the federal government, which could happen as early as this weekend, is a political event rather than a macroeconomic shock. But if it happens--if Congress cannot agree on even a shortterm stop-gap spending measure in order to keep the lights on after the 28th--it would demonstrate yet again that the splits in the House mean that the prospects of a substantial near-term loosening of fiscal policy are now very slim.
As we reach our Sunday afternoon deadline, no deal has been reached to re-open the federal government.
The end of the government shutdown--for three weeks, at least-- means that the data backlog will start to clear this week.
The weekly jobless claims numbers tend to be choppy around the turn of the year, and our take on the seasonal adjustments points to a clear increase in today's report, for the week ended January 11, even without the impact of the government shutdown.
The monthly industrial production numbers are collected and released by the Fed, rather than the BEA, so today's December report will not be delayed by the government shutdown.
Neither of the major economic reports due today will be published on schedule.
Fourth quarter GDP growth is likely to be revised down today.
We see no reason to think that the recent volatility in payrolls--the 311K leap in January, followed by the 20K February gain--will continue.
The chance of a zero GDP print for the first quarter diminished--but did not die--last week when the president signed a bill granting full back pay to about 300K government workers currently furloughed.
A quick rebound in growth, after the slowdown to a reported 2.6% in the fourth quarter, is unlikely.
We're very interested in the detail of today's January NFIB survey; the headline index, not so much.
need to add docMea culpa: We failed to spot the press release from the Commerce Department announcing the delay of the release of the advance December trade and inventory data, due to the government shutdown.
The partial government shutdown is now the longest on record, with little chance of a near-term resolution.
The CPI report due today will be released on schedule, because the Bureau of Labor Statistics, which compiles the data, remains open during the partial government shutdown.
Ian Shepherdson, Pantheon Macroeconomics founder and chief U.S. economist, joins "Squawk Box" to discuss how the partial government shutdown is impacting the economy.
Two fiscal deadlines are on the near-horizon.
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