Economic booms don’t die of old age
A partial government shutdown has paused many federal data releases, but two key reports on housing and inflation are still on deck. The Bureau of Labor Statistics (BLS) will publish September’s Consumer Price Index on Friday, October 24, a one-off release made possible by recalling staff so Social Security can calculate cost-of-living adjustments. Most other BLS updates remain on hold until funding resumes. Inflation: Near 3%, services cooling (a bit) The August CPI report (the latest available) showed headline inflation up 2.9% year-over-year and core inflation (excluding food and ...