Good morning. A government shutdown will subtract 0.1 ppts from GDP per week. A shutdown lasting more than a few days tends to sap corporate confidence & results in reduced hiring & capital investments over the next couple of months in addition to further potential downgrades to

Good morning. As the US government prepares to shutdown at midnight a look at lack of fiscal sustainability across the G-7. Source: The Real Economy Blog share.google/ONIvpSfWOj7Lon…

Going to be on Yahoo Finance at the top of the 10AM ET hour to discuss the economic impact of the likely US government shutdown

"You're likely to see somewhere between 600,000 and 700,000 workers furloughed, and we can't even guess what the firings look like," RSM economist Joseph Brusuelas says as the US barrels toward a government shutdown. "That will result in a move in the unemployment rate," he adds.

My discussion on the impact of a US government shutdown which started at 12:01PM AM ET Wednesday morning. Via Yahoo Finance Julie Hyman

The latest edition of the American Fiscal Follies kicked off at midnight on Wednesday. Here is a look at the near term costs of the 22nd government shutdown over the past half century. Source: The Real Economy Blog share.google/EZ25hHiaNMiONy…

US ADP Estimate of Private Sector Employment: an decline of 32,000, in addition to a downward revision in the August estimate to a decline of 3,000 which tends to suggest that the private sector is pulling back on hiring at a quicker pace due to policy uncertainty around trade

ADP Payroll Estimate: The internals indicate that small and medium size firms have stopped hiring. Small firms shed 40K jobs and medium sized firms let go of 20K individuals. Large firms hired 33K. By sector good produces let go of 3K and service producers 28K. There is no way

Please join by on Bloomberg TV to discuss the state of the economy and the cost of the US government shutdown with Matt Miller Dani Burger On the shutdown-federal workers got paid even though it started at midnight. That means the first missed payroll for military and

Why are small & medium size firms reducing headcount: it’s policy uncertainty. Lack of clarity on the cost of doing business is now weighing heavy on hiring. It’s a rational response to a fog of uncertainty.

Getting ready to appear on Bloomberg TV with Matt Miller to discuss the US government shutdown and the sagging prospects of the American labor market. See you at 10:30AM ET.

My estimation of the economic impact of yet another US government shutdown. Source: The Real Economy Blog share.google/MnXvdw4TrTLgNb…

Good morning. The US government shutdown a risk to further deterioration in consumer confidence. Source: The Real Economy Blog share.google/eRxrQCqSROF8Ch…

"Government debt among six of the seven countries in the G-7 will exceed 100% of gross domestic product this year." Joseph Brusuelas

Markets, shutdowns, and the Fed’s runway walk. RSM’s Joseph Brusuelas says the U.S. economy is “set for a re-acceleration”—and “not one” of his models points to further cuts. Plus: Bond market term premium 101 and alternative data sets. Watch now: finance.yahoo.com/video/governme…

Good morning. A look at dollar dominance even as global investors hedge their exposure to the greenback. Source: The Real Economy Blog share.google/DqPpZDT3UnP5JH…

Gain valuable insights. Connect with industry leaders. Register today! rsm.buzz/3IrItQM