🚨🇺🇸 U.S. GOVERNMENT #SHUTDOWN HITS ECONOMY, 700,000 FEDERAL WORKERS AFFECTED
🔹The ongoing U.S. government shutdown has left 700,000 federal workers on leave and nearly as many working without pay, affecting consumer spending and productivity.
🔹States like New York and Texas warn that food stamps are at risk. Oxford Economics estimates that $800M in federal contracts are disrupted daily.
🔹Economists predict short-term economic pain, with a lost GDP largely recoverable once operations resume, although longer shutdowns could create permanent losses for contractors and households.
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