It’s the 23rd day of the U.S. government shutdown and 750,000 federal workers are furloughed.

Significant data disruptions are clouding visibility over the economy just as the U.S. Federal Reserve restarts its rate-cutting cycle.

In this episode of the 10-Minute Take, join RBC Economists Claire Fan and Carrie Freestone as they discuss:

• Why data disruptions may be more concerning than immediate economic disruptions.
• What alternative private sector indicators reveal about the current state of the U.S. economy.
• The Fed's likely path forward amid the data blackout and trade uncertainty.