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

New Home Sales Stats Delayed in Gov't Shutdown, Fannie Reports Higher Prices

Trump's government shutdown will kill a number of economic reports starting with new home sales.

GDP Estimates Crash on Dismal Economic Reports

GDP Estimates are well below 1.0% following industrial production and retail sales estimates.

Strong Retail Sales Report Counting Upward Revisions

The May retail sales number missed expectations slightly but the Census Bureau upgraded April from -0.2% to +0.3%.

Economic Reports are Meaningless Now, Here's the PPI Anyway and an Explanation

Economic Reports are Meaningless Now. Let' discuss why.

Inventory Report a Bit Weaker than Expected

Economists expected a bit stronger inventory report heading into tomorrow's GDP report.

GM Inventories Highest in 8 Years, Multiple Plant Shutdowns Coming

GM car inventories are as high as they have been since November 2008. Ideal inventory levels are 60 days but 8 models have over 110 day’s of inventory. As a result, GM is idling five plants for one to three weeks.

Retail Sales Jump Due to Hurricane Impact: GDP Impact?

Retail sales in September increased 1.6 percent from August. Hurricane impacts are clearly in play.

Trump Signs Spending Bill ending Longest Gov't Shutdown in History

The government shutdown is over. President Trump caved in by signing a stopgap measure that included no wall funding.

Trump Says "We Don't Need China" then "Orders" Businesses to Find Alternative

After Beijing announced an additional $75 billion tariffs on the US, Trump demanded US Businesses find alternatives.