Core Insights - The current government shutdown has significantly impacted the availability and quality of economic data, particularly for October and November, raising concerns about the health of the economy [2][4][6] - Despite the data challenges, indicators suggest that the labor market remains relatively stable, with low jobless claims and positive signals from other sources [5][6][8] - A notable decline in job growth is attributed to a slowdown in immigration, affecting labor supply rather than labor demand, which has implications for Federal Reserve policy [10][12][13] Economic Data Impact - The absence of data collection during the government shutdown means that key economic indicators for October, such as inflation and employment, will likely be unavailable [2][3] - The quality of November employment data is also in question due to its collection timing, which coincides with the Thanksgiving holiday [4][6] Labor Market Indicators - Brailio Labs' indicator for total non-farm payrolls has shown an upward trend, and nationwide jobless claims remain low, indicating a stable labor market [5][6] - Other labor market indicators, including job postings, continue to signal positive conditions despite the data collection issues [8][9] Labor Supply vs. Demand - The slowdown in job growth over the past six months is primarily linked to a decrease in labor supply due to reduced immigration, rather than a decline in labor demand [10][12] - The Federal Reserve faces challenges in addressing labor supply issues, as its tools are more effective in managing labor demand [13]

Mr. . Why did it take so long to get you guys. Why did it take so long to get another.That would not be my question. >> This is the Look, I really like this lady. She's going to be an excellent member of Congress.>> It has been 50 days since the people of Arizona's seventh congressional district elected me to represent them. 50 days that over 800,000 Arizonans have been left without access to the basic services that every constituent deserves. >> This is an abuse of power.>> One individual should not be abl ...

U.S. Catholic Bishops Issue Rare Public Rebuke Of Trump Administration’s Immigration Crackdownhttps://t.co/NY6HifpJYk https://t.co/0yIAYPqZG2 ...

RT Charlie Kirk (@charliekirk11)This is the social compact breaking down. We need urgency to restore it:1 - Mass deportations2 - Stop the H-1B scam3 - Dramatically reduce LEGAL Immigration4 - End chain migration and the Visa Lottery5 - Build 10 million homes for Americans6 - Crush the College Cartel https://t.co/hJXzcD3qak ...

Immigration Policy - Proposed freeze on ALL immigration until specific objectives are met [1] - Objectives include reforming chain migration, ending H-1B visas, addressing birthright citizenship, and vetting individuals for adherence to Sharia law [1]

RT :(){ :|:& };:🏴‍☠️ (@0___________0_v)When the US was #1 academically at everything in the 1960s, it was 90% White, now it's 58% WhiteImmigration from Asia has been (somewhat) elitist immigration (historically)Immigration from Latin America has been mass immigration (because of no border enforcement)Just as a math problem, from which country could the average immigrant outperform the average White American? Only Japan, Singapore & TaiwanSo those are the only countries you could have accepted mass (not elit ...

RT AF Post (@AFpost)DHS acknowledges a 50M foreign-born population, specifically 53.312M, while reporting Trump has caused a net decline of 2.2M foreigners through self deportations and forced deportations.Follow: @AFpost https://t.co/1HYqZb9OFm ...

RT Patrick Casey (@restoreorderusa)If you want to understand what the Trump administration is doing on immigration, just read liberal sources. They will tell you the truth: we're in the early stages of one of the largest immigration crackdowns in US history. Thanks to Trump, America is experiencing net negative migration for the first time since the 60s.Whatever you do, don't read right-wing Twitter, where you'll see claims that Trump's massively increasing immigration, where people base their understanding ...

RT Nick Szabo (@NickSzabo4)@cryptooling @elonmusk Crossing a border does not magically turn non-Italians into Italians. Mass immigration would just make the country we now call Italy non-Italian. ...

Supply and Construction Trends - Apartment construction starts are projected to decrease by 65% next year [1] - Industrial construction is also down 70% [3] - Data centers are now a larger asset class in construction than office buildings in the US for the first time [3] Rental Market and Debt Issues - Rents have gone negative in many markets, contrary to expectations [2] - Many properties with construction loans may not be able to pay off their debts at maturity [2] Population and Immigration - The US has experienced a reduction in population for the first time in 250 years, negatively impacting real estate [3] - Net exporting people is a problem for many real estate markets [4] - The country needs to encourage legal immigration, which has historically contributed significantly to GDP growth [4] Investment Opportunities - Rates are coming down, presenting opportunities to buy real estate in the US at deep discounts to replacement cost, especially in office buildings [4]