🚨🇺🇸 US GOVERNMENT #SHUTDOWN HITS ECONOMY, 700,000 FEDERAL
Cryptø Info
Updated at: 12 hours ago
{"content":"🚨🇺🇸 US GOVERNMENT #SHUTDOWN HITS ECONOMY, 700,000 FEDERAL WORKERS AFFECTED
🔹The ongoing U.S. government shutdown furloughed 700,000 federal workers and left nearly as many working without pay, impacting consumer spending and productivity.
🔹 States like New York and Texas warn food stamps are at risk. Oxford Economics estimates $800M in federal contracts disrupted daily.
🔹Economists predict short-term economic pain, with lost GDP largely recoverable once operations resume, though longer shutdowns could create permanent contractor and household losses.
-Reuters","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/24/5ca7a70637c541e1018318156af5a914.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}