Extended U.S. Shutdown Risks Severe Economic Impact
TL;DR Summary
Goldman Sachs warns that the ongoing U.S. government shutdown could cause the largest economic damage on record, potentially reducing Q4 2025 GDP growth by 1.15 percentage points if it lasts about six weeks, with a possible rebound in early 2026, highlighting significant near-term economic risks.
Topics:business#economic-impact#economy#federal-spending#gdp-growth#goldman-sachs#us-government-shutdown
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- Morning Bid: Private jobs in spotlight amid data blackout Reuters
- Analysis: How much could the federal government shutdown cost the economy? PBS
- A Month Without Data Muddles the Economic Picture The New York Times
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