Eleven Economic Reports Delayed Due to Gov’t Shutdown: Do We Even Need Them?

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@MishGEA

Eleven Economic Reports Delayed Due to Gov’t Shutdown: Do We Even Need Them?https://moneymaven.io/mishtalk/economics/eleven-economic-reports-delayed-due-to-gov-t-shutdown-do-we-even-need-them-yp-E1_4ROki1knbyiq7x7g/ …

3:02 PM – Jan 17, 2019

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10%Yes, by the Gov’t

28%Yes, by Private Industry

62%No, they are useless

61 votes•Final results

https://moneymaven.io/mishtalk/economics/eleven-economic-reports-delayed-due-to-gov-t-shutdown-do-we-even-need-them-yp-E1_4ROki1knbyiq7x7g/