25 September 2023
The U.S. economy is facing simultaneous threats: potential auto worker strikes, a possible government shutdown, the resumption of student loan payments, and rising oil prices. Together, these could exacerbate an already cooling economy due to high interest rates. Predicted economic growth for the fall shows a sharp decline. Strikes might stall auto sector recovery, while a government shutdown could reduce economic output. Resuming student loan payments may also impact consumer spending.