you are not sure who the winners or losers of the Government shutdown drama
were, you are not alone. A financial services report stated the shutdown took
$24 billion out of the U.S. economy, and reduced projected fourth-quarter GDP
growth from 3 percent to 2.4 percent. Hundreds of thousands of federal workers
bore the economic brunt of the shutdown. But small businesses also suffered
from frozen government contracts and stalled business loans. Tourism suffered
from closed national parks, and military families had to cope without childcare
and other services. Federal workers will receive back-pay, but contractors will
probably not get their lost wages. The stall in cash-flow could affect spending
during the holiday shopping season. And with the deal only guaranteeing
government funding through Jan. 15, the situation could grow worse.
again could influence consumer confidence. I'm Vanessa Oubre that's "My
Take" what's yours?
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