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Bureau of Economic Analysis schedules "Initial" Q4 US GDP release for February 28th

FXStreet Team FXStreet

**February 7th Update: The Bureau of Economic Analysis announced that an "initial" report for the Q4 US Gross Domestic Product will be released on February 28th.

This “initial” report will take the place of two previously scheduled estimates of 4th quarter GDP – the advance estimate originally set for Jan. 30 and the second estimate that would normally be released Feb. 28. https://t.co/c5Ky9qdBxU
— BEA News (@BEA_News) February 6, 2019

The longest US government shutdown in history is over. After being closed since December 22nd, the government re-opened last January 25th. At least for the following three weeks, the federal agencies that were closed will be operating after US President Donald Trump agreed to fund them temporarily while the Congress House and the Senate continue to negotiate over the safety of the southern US border.

The US Census Bureau and the Bureau of Economic Analysis were among those agencies affected by the shutdown, so a bunch of data releases expected during this period was missed. They will be released during the coming weeks.

What does that mean for the set of US economic data releases that were canceled during the shutdown?

The Bureau of Economic Analysis and the Census Bureau published on Wednesday a revised schedule of economic releases*. There are still some releases dates yet to be announced, including the Advanced GDP report or the PCE data**.

We’ve rescheduled these economic reports that were delayed due to the recent lapse in federal funding: International Investment Position (now Feb. 1), GDP by Industry (Feb. 21), and GDP by State (Feb. 26). All three reports cover Q3 2018. https://t.co/1nTUqN4OgO
— BEA News (@BEA_News) January 30, 2019

In an effort to provide #economic indicator information to our stakeholders as quickly as possible, we released revised release dates for the November statistical month. See them here: https://t.co/OJmf1hZQ1I pic.twitter.com/8VFC5jBDqG
— U.S. Census Bureau (@uscensusbureau) January 30, 2019

The FXStreet Economic Calendar is being updated accordingly with a new schedule of economic releases that both bureaus provide.

Which events are being re-scheduled?

This is the list of economic releases that failed to be released due to having been scheduled during the shutdown. You can find the original expected date of release prior to the event, and the new release date in bold after it. You can find the new release dates for these events in our Economic Calendar as well.

28-Dec, 25-Jan New Home Sales (MoM) (November, December) - Re-scheduled for Jan 31st

28-Dec, 25-Jan New Home Sales Change (MoM) (November, December) - Re-scheduled for Jan 31st

28-Dec, 10-Jan Wholesale Inventories (Preliminary and final release) (November) - Re-scheduled for Feb 1st

28-Dec Goods Trade Balance (November) - Re-scheduled for Feb 6th

3-Jan Construction Spending (MoM) (November) - Re-scheduled for Feb 1st

7-Jan Factory Orders (MoM) (November) - Re-scheduled for Feb 4th

8-Jan Trade Balance (November) - Re-scheduled for Feb 6th

16-Jan Business Inventories (November) - Re-scheduled for Feb 14th

16-Jan Retail Sales (MoM) (December) - Re-scheduled for Feb 14th

16-Jan Retail Sales control group (December) - Re-scheduled for Feb 14th

16-Jan Retail Sales ex Autos (MoM) (December) - Re-scheduled for Feb 14th

17-Jan Housing Starts (MoM) (December) - Re-scheduled for Feb 26th

17-Jan Housing Starts Change (December) - Re-scheduled for Feb 26th

17-Jan Building Permits (MoM) (December) - Re-scheduled for Feb 26th

17-Jan Building Permits Change (December) - Re-scheduled for Feb 26th

And this is the list of economic releases that were expected to be released this week but are also being re-scheduled:

30-Jan Gross Domestic Product Annualized (Preliminary) (Q4) - Re-scheduled for Feb 28th

30-Jan Gross Domestic Product Price Index (Preliminary) (Q4) - Re-scheduled for Feb 28th

30-Jan Personal Consumption Expenditures Prices (QoQ) (Preliminary) (Q4) - Re-scheduled for Feb 28th

30-Jan Core Personal Consumption Expenditures (QoQ) (Q4) - Re-scheduled for Feb 28th

31-Jan Personal Consumption Expenditures - Price Index (MoM) (December) - Re-scheduled for Mar 1st

31-Jan Personal Consumption Expenditures - Price Index (YoY) (December) - Re-scheduled for Mar 1st

31-Jan Core Personal Consumption Expenditures - Price Index (MoM) (December) - Re-scheduled for Mar 1st

31-Jan Core Personal Consumption Expenditures - Price Index (YoY) (December) - Re-scheduled for Mar 1st

31-Jan Personal Spending (December) - Re-scheduled for Mar 1st

31-Jan Personal Income (December) - Re-scheduled for Mar 1st

*This article was edited on Wednesday, January 31st after the new release scheduled provided by the US Census Bureau and the Bureau of Economic Analysis.

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FXStreet Team

FXStreet

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