The Federal government shutdown is headed into a fourth week. With the Senate still holding periodic votes that are doomed to fail – as lawmakers remain firmly split along party lines – and with the House still on an extended recess, prediction markets suggest a 67% probability that the shutdown will end up exceeding the length of the previous record 35-day closure in 2018-2019. It is unlikely to last much beyond early-November, however, simply because the longer it continues, the more disruptive it will become.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services