As US shutdown starts to bite, how much could it hit economy?

The US government shutdown is starting to have significant economic repercussions as federal workers miss paychecks and cut spending, impacting business and consumer confidence. Analysts project a temporary hit to quarterly growth with potential long-term risks due to threats of denying backpay and permanent firings. Unemployment rates and consumer spending could be significantly affected if the shutdown continues, leading to financial strain for millions of workers and their families.