Although federal reporting agencies have resumed operations following the government shutdown, market participants continue to operate with limited economic visibility. Because the shutdown spanned the entirety of October, critical real-time data — including the Consumer Price Index (CPI), Producer Price Index (PPI) and unemployment rate — were never collected, creating an unprecedented gap in the economic record. Compounding this issue, the data backlog has delayed November releases, in some cases by weeks, forcing investors to navigate a complex landscape using a patchwork of private data rather than a complete official dataset.
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