US Government Shutdown Enters Sixth Day, Halting Key Economic Data Amid Recession Fears

The U.S. government shutdown continues to grip the nation, entering its sixth day today, October 7, 2025, severely impacting the flow of critical economic data. Federal agencies have confirmed they will not release key reports, including the monthly jobs report and upcoming inflation figures, leaving economists and policymakers operating in a significant ‘data vacuum.’

This absence of real-time information intensifies economic uncertainty at a precarious time, with some experts warning of a potential slide towards recession or prolonged stagflation. Speaker Mike Johnson addressed the ongoing impasse in a press conference yesterday, October 6, as legislative efforts to pass funding proposals have repeatedly failed.

Economists from institutions like Bankrate and EY emphasize that the lack of up-to-date data could paralyze consumer and business decision-making, potentially hindering major expansions or hiring. It also poses a challenge for the Federal Reserve, which is set to announce its next interest rate decision on October 29, as officials may be ill-equipped to set optimal policy without comprehensive economic indicators.

Concerns about a sharp hiring slowdown and recent revisions to 2024 and early 2025 job figures are exacerbated without current insights into the labor market. While government shutdowns typically result in modest economic damage, experts note that the current environment is far from typical, making the prolonged data halt particularly risky for the U.S. economy.

阅读中文版 (Read Chinese Version)

Disclaimer: This content is aggregated from public sources online. Please verify information independently. If you believe your rights have been infringed, contact us for removal.