S & P: US government shutdown may drag GDP 1-0.2 percentage point per week
2025-10-01 22:53:21
S & P Global Ratings said the recent shutdown of the U.S. federal government may only deal a minor blow to GDP growth, but economic uncertainty is rising as the federal government's discretionary spending is temporarily curtailed and market sentiment is low. The Department of Economics estimates that each week of the government shutdown could reduce economic growth by 0.1-0 percentage points. (Jin Ten)
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