Business groups are warning the government that the shutdown will harm the economy and growth
Head of research and exchange strategy Mike Dickson assessed the risks caused by regional bank panics and China’s fear of ‘Claman’s reckoning.’
Business groups are expressing concern that it is ongoing government shutdown it has negative effects on economic activity and the ability of firms to operate and grow.
This page US Chamber of Commerce On Thursday he warned of the impact of the government shutdown, which began on Oct. 1, it begins to affect businesses, workers and the general economy as it drags on.
“The government shutdown is hurting small businesses and costing the U.S. economy a boost,” said Neil Bradley, evp and chief policy officer at the US Chamber of Commerce.
“This shutdown has been one of the longest ever, and there doesn’t seem to be a quick fix in sight. The impacts on businesses are starting to pile up, and it’s affecting their current and future growth. Businesses need the government to act,” said Bradley.
Bessent says the government shutdown is ‘starting to cut the muscle’ and the economy could cut billions a day
A “closed” sign outside the Capitol visitor center at the US Capitol in Washington, DC, US, Wednesday, Oct. 2025. (Kent Nishimura / Bloomberg / Bloomberg / Getty Images / Getty Images)
Bradley said the Chamber caught a fly in DC last week that was allowed small businesses meeting with policymakers and their staff to discuss their priorities.
One such business owner was Quirals Naturals CEO Philip Freeman, based in Raleigh, NC, and making mosquito nets and mosquito repellants using natural ingredients. Freeman said the closure is something Delay in Regulatory Approval.
“We may not feel it right away, but the backlog created by the shutdown will last a long time when everything is cleared from the top and there are no more extensive shutdowns.
Trump official says Federal job cuts will be 10K higher during shutdown as judge lays down dead bodies
The government shutdown began on Oct. 1, 2025. (Bill Clark / CQ-Roll call, Inc / Getty Images / Getty Images)
Some business groups have joined in the calls for the shutdown of the government to end, while highlighting the impacts on their respective sectors due to the disruption of the operational activities of the general organizations of the Federal Agency of Federal Agencies.
“An open, efficient, effective government allows manufacturers to get new products approved, next-generation facilities tested and favorable decisions made,” National Association of Manufacturers President and CEO Jay Timmons told FOX Business.
Prediction markets are seeing a cloudy outlook as traders are betting on an extended shutdown
The American Petroleum Institute (API) has issued a warning after the shutdown began that it could create a more difficult regulatory environment for businesses to navigate while delaying regulatory approvals. Energy Projects.
“The mission of the American Oil and Natural Resources Sector is to bring reliable energy to the Federal Government,” the group wrote in a recent interview with X. “
Treasury Secretary Scott Scott urged Democrats to vote to end the government shutdown. (Elizabeth Frantz/Reuters/Reuters Photos)
Financial Secretary Scott Besslent agreed to the economic shutdown this week, saying that the ongoing shutdown “starts to cut the muscle” in terms of the economy, which the treasury indicated could cost about $ 15 billion a week.
Bessent has promised Senate Democrats to stop blocking a continuing resolution that would restore funding and reopen the government temporarily to allow the two sides to reach a spending agreement.
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Democrats want to extend health insurance subsidies under Obamacare, which expires at the end of this year.
