December 27, 2018 / 4:22 AM / 4 months ago

U.S. Commerce Department won't publish economic data during shutdown: WSJ

FILE PHOTO: A fence surrounds the U.S. Department of Commerce in Washington October 5, 2013. REUTERS/Mike Theiler

(Reuters) - The U.S. Department of Commerce’s Bureau of Economic Analysis and Census Bureau will not publish economic data during the ongoing partial government shutdown, the Wall Street Journal reported on Wednesday, citing an agency spokeswoman.

The Commerce Department releases key figures on gross domestic product, inflation, personal income and spending, trade and new home sales, much of which are closely watched by investors and policymakers.

“Due to the lapse in Congressional Appropriations for Fiscal Year 2019, the U.S. Department of Commerce is closed,” a notice on the department’s website said. “Commerce Department websites will not be updated until further notice.”

A Commerce Department official said previously that new home sales data scheduled for release on Thursday would be postponed as long as the partial government shutdown continued.

Other data likely to be postponed includes revised figures on U.S. building permits that had been scheduled for Thursday and a report on advance economic indicators, including the goods trade balance, that had been scheduled for Friday.

The partial shutdown of the federal government was set to enter its sixth day after President Donald Trump said he was prepared to wait as long as it takes to get $5 billion from taxpayers for his U.S.-Mexico border wall.

The Wall Street Journal reported that the Labor Department would continue to release the data it compiles, including new claims for jobless benefits, the monthly employment report and other inflation measures.

The Commerce Department did not respond to Reuters’ request for comment.

Reporting by Rama Venkat in Bengaluru; Additional reporting by Tim Ahmann in Washington; Editing by Sai Sachin Ravikumar

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