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S&P: U.S. government shutdown could drag GDP down by 0.1-0.2 percentage points per week.
Jin10 Data, October 2 - S&P Global Ratings stated that the recent federal government shutdown in the United States may only cause a slight impact on GDP growth. However, as discretionary spending by the federal government is temporarily reduced and market sentiment declines, economic uncertainty is rising. Economic sectors estimate that for each week the government shutdown continues, economic growth could decline by 0.1 to 0.2 percentage points.
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