U.S. GOVERNMENT SHUTDOWN MAY WEIGH ON GROWTH
The economic impact of a government shutdown depends on its duration. Satyam Panday, S&P Global’s chief U.S. economist, estimates a one-week shutdown could reduce growth by 0.1–0.15 percentage points, with larger effects if it lasts longer. Additional federal job cuts could worsen the economic fallout for affected workers.The copyright of this article belongs to the original author/organization.
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