Economists Turn To Alternative Data For 'Mosaic' Of Trends, As Government Shutdown Halts Official Jobs Report

Benzinga 2025-10-03

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With the shutdown freezing the Bureau of Labor Statistics’ jobs report, Wall Street is turning to private data from ADP, Indeed, and Revelio Labs. Economists warn prolonged delays will make alternative sources vital as inflation and retail sales reports are also pushed back. The labor market’s weakness has already prompted a Fed rate cut, giving private data firms greater influence.

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