US Government Shutdown's Severe Economic Toll
TL;DR
The ongoing U.S. government shutdown is costing the economy billions weekly, affecting federal workers, consumer spending, small businesses, federal contractors, and the travel industry, with an estimated total loss ranging from $7 billion to $16 billion per week and a potential permanent economic loss of up to $14 billion.
Topics:businesseconomy#consumer-spending#economic-impact#economy#federal-workers#government-shutdown#small-businesses
- Government shutdown costing the economy billions of dollars each week CBS News
- ‘People are really hurting’: From airports to grocery stores, shutdown leaves Americans scrambling CNN
- Impact of US government shutdown far worse than expected, White House adviser says Yahoo Finance
- How the Longest Government Shutdown Is Impacting the Economy Bloomberg.com
- Kevin Hassett Speaks to Reporters About Shutdown Impact on the Economy C-SPAN
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