Shutdown Hits Industries Nationwide

Wall Street Journal: “The partial closure of the Securities and Exchange Commission is delaying the ability of companies to open the IPO market… The U.S. Food and Drug Administration has dramatically curtailed inspections of domestic facilities at food-processing companies during the shutdown, though unpaid inspectors have resumed work inspecting higher-risk products such as fresh fruits and vegetables, eggs, seafood and dairy products.”

“At the Internal Revenue Service, the shutdown has created delays in getting some employer identification numbers, holding up some routine business deals. … The Small Business Administration has stopped approving routine loans that the agency backs to ensure entrepreneurs have access to funds, halting their plans for expansion and repairs and forcing some owners to consider costlier sources of cash.”