How the Government Shutdown is going to impact economic data #politics #shorts
Bloomberg Television·2025-10-02 18:49

Economic Impact of Government Shutdown - Potential for furloughs and layoffs due to the shutdown, exacerbating an already fragile US economy [1][2] - Expected decline in federal government employment in the upcoming jobs report due to deferred resignations [1][2] - Federal contractors could be affected, illustrated by the Department of Transportation's frozen $18 billion for projects like the Second Avenue subway and the Hudson Tunnel project [3] - Delays in infrastructure projects across the country are possible if the shutdown continues, potentially creating a domino effect [4] Contractor Vulnerability - Federal contractors often operate on a job-to-job and paycheck-to-paycheck basis, making them particularly vulnerable to the effects of a shutdown [3]