On October 1st, the U.S. government began a partial shutdown after Republicans and Democrats could not come to an agreement about extending the federal budget at current levels.
The impact of the shutdown could be felt in Arizona, from insurance and medical bills to tourism, like the Grand Canyon. As we enter the sixth day, key economic data has not been released, including job numbers. Now, some experts warn that the economy may be slipping toward a recession.
Jim Rounds, CEO of Rounds Consulting Group, joined “Arizona Horizon” to discuss more on the looming shutdown and how Arizona might see some impacts in the economic landscape of the state.
