Posts Tagged 'U.S. economy'

It’s hard to find any good news surrounding the government shutdown, especially since an estimate from Standard & Poor’s projected that the shutdown took $24 billion out of the U.S. economy and reduced projected fourth-quarter GDP growth from 3 percent to 2.4 percent.

Yet, the shutdown appears to have had one positive effect: it awoke a sleeping giant — America’s business community, which has been sitting on the sidelines waiting for the right time to get back into action. That time ...