What a US government shutdown means for the economy
Bloomberg Television·2025-10-06 20:36

Economic Impact of Government Shutdown - Potential for furloughs and layoffs due to the shutdown, exacerbating existing federal government employment decline [1][2] - The October jobs report will reflect the impact of deferred resignations and potential shutdown-related layoffs [2] - Federal contractors are vulnerable, illustrated by the Department of Transportation freezing $18 billion worth of construction projects like the Second Avenue subway and Hudson Tunnel project [3] - Delays in infrastructure projects could create a domino effect if the shutdown prevents contracting officers from overseeing projects [4] Risks and Concerns - Shutdown could negatively impact a fragile US economy [1] - Contractors often operate with limited financial security, making them particularly vulnerable to job delays [3]