Fourth-quarter GDP gain could be reduced by as much as 1.4 percentage points, says Moody's Analytics.
By Jeanna Smialek and Ian Katz, Bloomberg|September 27, 2013 at 04:43 AM|Originally published on Treasuryandrisk.Com
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A shutdown of the U.S. government would reduce fourth-quarter economic growth by as much as 1.4 percentage points depending on its length, economists say, as government workers from park rangers to telephone receptionists are furloughed.