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Government shutdown strains families, clouds economy | JQJO

Government shutdown strains families, clouds economy

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With millions of federal workers missing paychecks, the government shutdown is rippling through travel, delaying approvals, closing some museums and curbing household spending. Analysts warn of a critical inflection point as key economic data are delayed, confidence slips, and companies pause decisions. Estimates suggest growth could fall by about $15bn a week, unemployment could reach 4.8% if it lasts until 18 October, and a month-long stoppage could erase $30bn in consumer spending. The Trump administration has threatened denying back pay and permanent firings, while moving to ensure military pay and certain food programs continue.

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