Loading Video…

This browser does not support the Video element.

Economist : partial government shutdown likely to have only nominal economic impact

In an interview with Hilary Golston, University of New Haven economist and attorney Dr. Brian Marks says the current partial government shutdown is expected to have only a nominal impact on the broader U.S. economy if it remains short-lived. Marks explains that while some federal workers and contractors may face temporary disruptions, most essential government functions continue and the overall economic engine remains intact. He notes markets and businesses have largely priced in short shutdowns, and unless the impasse drags on for an extended period, the national economic effect is likely to be limited and largely symbolic rather than structurally damaging.