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WHAT: NCCI examines the recent history of government shutdowns to assess the potential impacts of the 2025 shutdown on the economy and on workers compensation.
WHAT ELSE: With economic uncertainty already a top workers compensation industry concern, the recent government shutdown has added further angst despite surprisingly solid Gross Domestic Product (GDP) growth in Q2 and through most of Q3.
KEY FINDINGS:
- Government shutdowns are not rare, but past government shutdowns have had only limited or temporary impacts on the economy and minimal impact on workers compensation.
- Although the 2025 government shutdown was the longest in history (43 days), increasing economic uncertainty, we see little reason to suspect that 2025 will prove different from prior years.
TO LEARN MORE: Check out NCCI’s Quarterly Economics Briefing (QEB) - Q4 2025 for more insights from NCCI’s Econ Team.
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