Economic Impact Of Federal Government Shutdown

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Mani
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One of the immediate impacts of the U.S. federal government’s shutdown could be a delay in releasing the employment situation report. Brian Jones of Societe Generale notes tough times are ahead for data dependent activities. US federal government shuts down Earlier today, the U.S. federal government shut down for the first time in 17 years on Tuesday, after hours of political brinkmanship failed to thwart a congressional budget row. With prospects for a swift resolution remaining unclear, economists warned that the struggling U.S. economic recovery could suffer if the shutdown drags on for more than just a few days. Delay…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports