Business Headlines

Washington-Area Snow May Affect Release of U.S. Jobs, Trade Data

published Jan 5th 2017, 2:23 pm, by Shobhana Chandra

(Bloomberg) —Forecasts of snow in the Washington area late Thursday into Friday morning raise the possibility of a delayed opening for government agencies that release the U.S. jobs report and trade data.

That means the figures could be issued via the Internet. The data are typically disseminated from so-called lockups in which the media are given controlled access to the reports, which are then released at the scheduled embargo times. The Labor Department will issue the December payrolls data, while the Commerce Department will release the November trade deficit.

The government agencies have said in the past that in the event of a delayed opening, they will make every effort to publish the reports on their websites. The government normally makes the decision early morning on the days when bad weather occurs. The National Weather Service was forecasting a possible 1 to 2 inches (2.5 to 5 centimeters) of snow in Washington as of about 3:15 p.m.

In case of a delayed opening, Bloomberg will monitor the releases and publish the figures as soon as they’re available. Therefore, the data may come out shortly after the 8:30 a.m. scheduled release.

To contact the reporter on this story: Shobhana Chandra in Washington at schandra1@bloomberg.net To contact the editors responsible for this story: Scott Lanman at slanman@bloomberg.net Vince Golle

The Author

Walt Alexander

Walt Alexander

Walt Alexander is the editor-in-chief of Men of Value. Learn more about his vision for the online magazine for American men with the American values—faith, family & freedom—in his Welcome from the Editor.

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