In a recent development, the government shutdown in the US that occurred during Donald Trump’s first term had a minimal impact. Let’s hope this situation resolves quickly.

If the current shutdown, which began three working days ago, continues for an extended period, it may have some effect on the economy and might impact GDP growth.

This shutdown resulted from Congress’s inability to reach a funding agreement.

Nonetheless, despite the delay in resolution, if the government employees receive their salaries eventually, it should mitigate significant negative consequences for the economy.

The only factor that could potentially harm the economy more severely would be any layoffs.

This shutdown is a concern, particularly if it lingers, as it may postpone the release of important economic reports. The ongoing shutdown has already delayed US jobs numbers and non-farm payroll (NFP) data. Although the earlier-released ADP employment figures showed a drop, they only reflect private sector employment and are not considered as reliable as the comprehensive US jobs report.

Further delays in the issuance of other reports, such as........

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