The U.S. growth outlook hangs more than ever on American consumers’ resilience amid stock market swoons and trade-war tensions, but key data on their spending — the biggest part of the economy — will be missing due to the government shutdown.
January 15, 2019Government Shutdown
Government, Business, Logistics
David Paul Morris/Bloomberg News
Missing Data During Shutdown Complicates Consumer Spending Reports
David Paul Morris/Bloomberg News
Government, Business, Logistics
TSA security checkpoint (Seth Wenig/Associated Press)
TSA Begins to Feel Squeeze From Government Shutdown
TSA security checkpoint (Seth Wenig/Associated Press)
The Transportation Security Administration plans to begin closing a handful of security checkpoints at airports around the United States as soon as this weekend in response to staff shortages triggered by a partial federal government shutdown now in its third week.
January 11, 2019
Government, Business, Logistics
Paul Sancya/Associated Press
How a Prolonged Government Shutdown Might Ripple Down to States
Paul Sancya/Associated Press
Almost a third of the $2 trillion that U.S. states spend each year comes from Washington, so the partial shutdown of the federal government would seem to spell major financial trouble in America’s statehouses.
January 11, 2019
Government, Business
US Capitol building (Andrew Harrer/Bloomberg News)
White House Says Shutdown Trims 0.1% From GDP Every Two Weeks
US Capitol building (Andrew Harrer/Bloomberg News)
The ongoing partial government shutdown will cut U.S. economic output by about 0.1% every two weeks, the chairman of the White House Council of Economic Advisers said.
January 3, 2019
Government, Business
Luke Sharrett/Bloomberg News
Jobless Claims Hit Four-Week High Amid Federal Shutdown
Luke Sharrett/Bloomberg News
Filings for U.S. unemployment benefits rose to a four-week high at year’s end, amid holidays that tend to make the figures more volatile and a partial government shutdown that may have spurred federal workers to request funds.
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