/PRNewswire/ iFranchise Group founder and CEO Mark Siebert has evaluated tens of thousands of businesses during his 30-plus year career in franchising. The.
which was before the very significant changes that happened in october. so one thing we ve been trying to get a handle on is what the economic consequences of that economic shutdown and debt limit brinksmanship have been. this first slide gives you a number of private sector estimates of the consequences, and they all show that gdp growth in the fourth quarter was reduced by anywhere from .2 to .6. these estimates are useful and informative, but it s important to understand that they re based on predictions, beak they say if government services ceased for this amount of time or this amount of money, weise have some type of multiplier model. here is the consequence for gdp. they re not based on actual data and don t necessarily capture the full set of effects on confidence, on uncertainty on things like oil drillers not getting permits, small businesses not getting loans, homeowners not able to get mortgages. what we tried to do at the