White House National Economic Council Director Hassett: Fourth-quarter GDP is expected to decline by 1.5% due to the government shutdown. | PANews

White House National Economic Council Director Hassett: Fourth-quarter GDP is expected to decline by 1.5% due to the government shutdown.

PANews reported on November 13th that, according to Jinshi Data, White House National Economic Council Director Hassett stated: "We will receive half of the jobs report. (Regarding the October non-farm payroll data) A jobs report will be released, but the unemployment rate will not be published. Fourth-quarter GDP is expected to decline by 1.5% due to the government shutdown."

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together

PANews WeChat Group

Telegram Discussion Group

Telegram News Channel

Recommended Reading

PA一线

03/14/2026, 12:16 AM

Analysts: Market expectations that a war with Iran could trigger a rise in oil prices may prompt some central banks to raise interest rates.

PA一线

02/05/2026, 12:24 AM

U.S. Labor Department: Non-farm payrolls will be released on February 11, CPI data will be released on February 13.

PA一线

01/19/2026, 01:01 AM

Report: Global billionaires' wealth surpasses $18 trillion, setting a new record; expansion of power exacerbates inequality.

PA一线

01/16/2026, 05:30 AM

On Gate.com in 2025, nearly 80% of the exclusive projects listed on the spot exchange closed higher within 30 minutes of opening, with a median increase of approximately 81%.

PA一线

01/13/2026, 01:45 PM

Following the release of the CPI data, the probability of a Federal Reserve rate cut in April rose to 42%.

PA一线

01/09/2026, 02:18 PM

Institutions: A weak labor market is now a consensus, but not enough to prompt the Fed to act this month.