The last big economic indicator left to see before the election is the October jobs report, which is due on Friday. Or is it?
The Department of Labor suggested this morning that the jobs report might be a little, er … delayed: The U.S. Labor Department on Monday said it hasn’t made a decision yet on whether to delay Friday’s October jobs report, the final reading on the labor market before next week’s federal elections.
A Labor official said the agency will assess the schedule for all its data releases this week when the “weather emergency” is over.
They’re not alone, either. The Census Bureau may hold off on its scheduled economic reports until next week. Construction spending was due on Thursday and probably wouldn’t have had any impact on the election, but the report on factory orders was also scheduled for Friday, and that might have had an impact on the general opinion of the state of manufacturing.