Posted on 10/29/2012 9:46:41 AM PDT by chessplayer
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 hasnt made a decision yet on whether to delay Fridays October jobs report, the final reading on the labor market before next weeks 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.
Theyre 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 wouldnt 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.
Why?
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