Shutdown’s Economic Hit Seen to Be Muted - News Summed Up

Shutdown’s Economic Hit Seen to Be Muted


The federal government shutdown could sideline significant numbers of federal employees and leave government contractors out in the cold, but in a $19.5 trillion economy with 147 million workers, a shutdown, even a long one, isn’t expected to leave much imprint on the broader economy. The last government shutdown in October 2013 sent 818,000 workers, or about 30% of all federal government employees, home without pay for more than two weeks.


Source: Wall Street Journal January 21, 2018 16:18 UTC



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