US fourth-quarter GDP could be negative if shutdown drags on, White House economic adviser says
US fourth-quarter GDP could be negative if shutdown drags on, White House economic adviser says
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US fourth-quarter GDP could be negative if shutdown drags on, White House economic adviser says

🕒︎ 2025-11-09

Copyright Reuters

US fourth-quarter GDP could be negative if shutdown drags on, White House economic adviser says

WASHINGTON, Nov 9 (Reuters) - U.S. economic growth in the fourth quarter could be negative if a federal shutdown drags on, White House economic adviser Kevin Hassett said in an interview that aired on Sunday. Hassett, speaking to the CBS show "Face the Nation", noted that a shortage of air traffic controllers was causing major travel delays in the run-up to the Thanksgiving holiday. Sign up here. "Thanksgiving time is one of the hottest times of the year for the economy... and if people aren't traveling at that moment, then we really could be looking at a negative quarter for the fourth quarter," he said. Reporting by Nathan Layne; writing by David Ljunggren; Editing by Bill Berkrot

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