US Economic Calendar Update: Non-Farm Payrolls and CPI Postponed
Attention all investors and economists! The US economic calendar has been updated, with some important changes to the release dates of key economic indicators.
Non-farm payrolls, a crucial indicator of employment in the US, will now be released on Wednesday, November 11th. This is a significant shift from the original schedule, and it's important to update your economic calendars accordingly.
Additionally, the Consumer Price Index (CPI) has been postponed to Friday, November 13th. These changes come as a result of the recent US government shutdown, which delayed the release of some economic data.
The impact of the shutdown is still being felt, with early indications of the upcoming jobs report showing a disappointing performance. The ADP employment report, for instance, revealed a mere 22,000 jobs created, falling short of the expected 48,000. The employment component of the ISM services report also came in lower than anticipated, at 50.3, compared to the expected 52.3.
Furthermore, economists are predicting a substantial downward revision to employment figures for 2025, adding another layer of uncertainty to the economic outlook.
Stay tuned as we continue to monitor these developments and provide further insights into the evolving economic landscape.
