The US federal government shutdown entered its 33rd day on Monday, edging closer to becoming the longest budget impasse in history. With federal agencies shuttered and critical economic data delayed, analysts warn of cascading effects on global markets and domestic stability.
Third-quarter GDP figures – a key indicator for Asian exporters and investors – remain in limbo as the closure postpones their release until October 30. This data blackout leaves businesses navigating supply chain decisions and market strategies blindfolded, particularly affecting cross-Pacific trade partnerships.
Defense operations face unprecedented strain as $5.3 billion was diverted from military accounts to cover October salaries. Pentagon officials confirm troops could miss November paychecks without immediate funding, potentially impacting US security commitments in Asia and beyond.
Domestically, 42 million low-income Americans risk losing food assistance through the Supplemental Nutrition Assistance Program when current funds expire. Food banks nationwide report 30% increases in demand, highlighting the shutdown's human toll as winter approaches.
