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What to expect if the government shuts down

CNBC · Just In
CNBC
CNBC
Just In

CNBC’s Emily Wilkins breaks down what to expect if the government shuts down this week.

Breakdown
  • A government shutdown could halt the release of jobs data and other key economic indicators. 20s
  • Federal workers and contractors would not receive pay, and loans to small businesses and farmers could be delayed. 31s
  • Moody's estimates a 0.1% reduction in quarterly GDP growth for each week of shutdown. 42s
  • The travel industry could lose a billion dollars weekly due to closed parks and monuments. 56s
  • The White House is threatening large-scale federal layoffs, potentially affecting hundreds of thousands of employees. 1m 11s
PoliticsEconomy