How Government Shutdowns Affect the Economy

Wall Street Journal: “Shutdowns can squeeze the economy in different ways, from missed paychecks for hundreds of thousands of federal employees to the delayed release of crucial economic indicators. But duration matters. The longer the closure lasts, the greater the hit to economic growth and the work of businesses that rely on the federal government’s daily functioning.”

“Shutting down the government would come at a delicate time for the U.S. labor market, which spent the summer stuck in a stall pattern because of slow hiring.”

CNBC: Government shutdowns usually have little economic impact. This time could be different.