CNBC (November 7)
“Worries over the government shutdown surged in the early part of November, pushing consumer sentiment to its lowest in more than three years and just off its worst level ever.” The most recent University of Michigan “Index of Consumer Sentiment posted a reading of 50.3 for the month, indicating a decline of 6.2% on the month and about 30% from a year ago…. November’s reading was the second lowest going back to at least 1978.”
Tags: 1978, 50.3, Consumer sentiment, Decline, Government shutdown, Lowest, November, Surged, University of Michigan, Worries, Worst level
MarketWatch (November 3)
“History is about to be made in Washington. No one is celebrating.” The government shutdown will become the nation’s longest on Tuesday night when it will “eclipse the shutdown that stretched from December 2018 to January 2019.” It remains “unclear when the shutdown will end. In the meantime, the damage is piling up.”
Tags: Celebrating, Damage, Eclipse, End, Government shutdown, History, Longest, Tuesday, U.S., Unclear
Fortune (October 21)
“GDP estimates that show steady growth in the American economy may prove to be overly optimistic, Goldman Sachs warned, as a vacuum of data during the government shutdown may result in employment figures ultimately dragging down the optimistic outlook.”
Tags: Data, Economy, Employment figures, Estimates, GDP, Goldman Sachs, Government shutdown, Optimistic, Outlook, Steady growth, U.S., Vacuum, Warned
