Shutdown Could Wipe Out Economic Growth in Q1
Economy

Shutdown Could Wipe Out Economic Growth in Q1

JONATHAN ERNST/Reuters

Kevin Hassett, chair of President's Trump's Council of Economic Advisers, said Wednesday that the U.S. economy may register zero growth in the first quarter if the partial government shutdown lasts through the end of March.

“It is true that if we get a typically weak first quarter and then have an extended shutdown, we could end up with a number that’s very, very low,” Hassett told CNN’s Poppy Harlow, adding that GDP growth could potentially come in at zero.

Hassett also said that he expected to “get that growth back” once the government reopens, with a “humongous” growth number as high as “4 or 5 percent” in the following quarter. 

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