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Arizona economist says the government shutdown isn't affecting the economy — yet

President Donald Trump meets with French President Emmanuel Macron at the United Nations Headquarters in New York City on Tuesday, Sept. 23, 2025.
Daniel Torok/White House
/
White House
President Donald Trump meets with French President Emmanuel Macron at the United Nations Headquarters in New York City on Tuesday, Sept. 23, 2025.

We’re coming up on a week since the federal government shutdown. And despite the uncertainty of its end, and the Trump administration’s threat to permanently lay off federal workers, the economy doesn’t seem to be fazed.

Senior economist Danny Court is with Scottsdale-based Elliott D. Pollack and Company.

"Everyone just stays generally positive about it and hopes that this goes away. I mean the market just shrugged its shoulders at it. There’s been really no big impact," Court said.

But Court says that may change if Trump goes through with permanent layoffs. Otherwise a typical catch-up in economic activity is expected once the government is back at work.

More business news from KJZZ

Jill Ryan joined KJZZ in 2020 as a morning reporter, and she is currently a field correspondent and Morning Edition producer.