Steph Guinan/Carolina Public Press
With national experts continuing to tally the recent government shutdown’s impact on the economy, that analysis can often be telling of local trends.
Nationally, public confidence in the economy dropped nine points in October to 71.2 according to the Consumer Confidence Index; this drop is largely a result of the government shutdown earlier in the month. October’s significant decline in optimism about the economy was preceded by a 2.1 point drop in September to 80.2. In its accompanying analysis, the Conference Board elaborated on the September decline by citing the resurfacing of “concerns about the short-term outlook for both jobs and earnings.”
Scott Hamilton, CEO of AdvantageWest, said the government shutdown brought lots of questions with it. AdvantageWest is an economic development group that covers the 23 western counties of the state.
“I don’t know if it was harmful in a statistical sense,” he said, “but
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