Experts expect the economy to recover quickly following the end of the longest government shutdown in U.S. history on Wednesday. But the recovery also rests on some Tallahassee businesses that say their sales were impacted.
- The government shutdown left thousands of federal workers and SNAP recipients without benefits, leading to an estimated $11 billion of permanent economic loss, according to the Congressional Budget Office.
- However, Florida State University Professor of Economics Randall Holcombe says the economy will recover quickly once federal workers start spending their back pay.
- Watch the video below to learn what local recovery looks like to businesses in Tallahassee.
BROADCAST TRANSCRIPT:
The government shutdown left in thousands of federal workers unpaid and SNAP recipients without benefits.
Now that it’s over…