Tags: hassett | GDP | markets | shutdown

US Fourth-Quarter GDP Could be Negative If Shutdown Drags On, White House Economic Adviser Says

US Fourth-Quarter GDP Could be Negative If Shutdown Drags On, White House Economic Adviser Says

Sunday, 09 November 2025 11:24 AM EST

U.S. economic growth in the fourth quarter could be negative if a federal shutdown drags on, White House economic adviser Kevin Hassett said in an interview that aired on Sunday.

Hassett, speaking to the CBS show "Face the Nation," noted that a shortage of air traffic controllers was causing major travel delays in the run-up to the Thanksgiving holiday.

"Thanksgiving time is one of the hottest times of the year for the economy... and if people aren't traveling at that moment, then we really could be looking at a negative quarter for the fourth quarter," he said.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
U.S. economic growth in the fourth quarter could be negative if a federal shutdown drags on, White House economic adviser Kevin Hassett said in an interview that aired on Sunday.Hassett, speaking to the CBS show "Face the Nation," noted that a shortage of air traffic...
hassett, GDP, markets, shutdown
97
2025-24-09
Sunday, 09 November 2025 11:24 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved