Marketplace What happens when the data takes a month off?
9 snips
Nov 13, 2025 Kirstie Gibson, an investment manager specializing in U.S. equities at Baillie Gifford, shares insights on navigating market volatility and highlights long-term investment themes like AI and climate change. Daniel Ackerman, a Marketplace reporter, investigates the mad rush to complete solar projects before looming tax credit deadlines. Meanwhile, Carla Javier discusses the implications of the Bureau of Labor Statistics' data collection hiatus and how lost data could skew economic indicators. A lively conversation filled with economic perspectives!
AI Snips
Chapters
Transcript
Episode notes
Shutdown Erased October Economic Data
- The 43-day government shutdown erased some October economic data and it cannot be recreated.
- Missing BLS reports will force prioritization, leaving lesser surveys delayed or skipped, which clouds policy decisions.
Staff Shortages Hinder BLS Catch-Up
- BLS staff shortages after earlier cuts limit the bureau's ability to catch up by reallocating personnel or using overtime.
- Delays to inflation and jobs reports would reduce the Fed's clarity heading into its December meeting.
Prioritize Core Economic Indicators
- Prioritize core indicators like employment and CPI when data collection resumes to inform monetary policy.
- Expect lower-priority surveys such as JOLTS to be delayed until resources allow.