[October ADP Employment Numbers to Be Released Tonight, U.S. Economic Data May Be Disrupted for Over 60 Days]
The U.S. October ADP employment numbers will be released tonight at 21:15 (UTC+8), with the previous value at -32,000 and the forecast at 28,000. This is one of the few recent macroeconomic data points available to the Federal Reserve. The U.S. Department of Labor has stated that economic data releases will be suspended until the government shutdown ends, with an expected disruption of over 60 days. This includes employment reports, unemployment rates, CPI, PPI, retail sales, and housing starts data. The Federal Reserve's rate-cutting path faces greater uncertainty.