BiggerPockets Daily Government Shutdown Leaves Consumers Worried About the Future
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Oct 8, 2025 A recent survey reveals that 17% of Americans are putting off major purchases like homes and cars due to concerns about the government shutdown. Matt explores how this situation impacts federal workers, with uncertainties regarding pay and furloughs looming large. The discussion highlights the paradox of a buyer's market with rising inventory yet declining consumer confidence. Fears surrounding job security and AI disruption are also linked to hesitancy in committing to long-term financial decisions, casting a shadow over future spending.
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Survey Finds Purchase Delays From Shutdown
- A Redfin–Ipsos survey found 17% of Americans are delaying major purchases due to the shutdown and 7% canceled plans entirely.
- Most respondents (65%) said the shutdown isn't affecting them, showing mixed consumer impact.
Federal Worker Pay Is Uncertain
- About 2 million federal workers are affected by the shutdown, with roughly 750,000 furloughed and others working without pay.
- Back pay is not guaranteed and Congress must approve it, increasing economic uncertainty for those workers.
Private Sector Feels Shutdown Ripple Effects
- Millions of private-sector workers tied to federal contracts may also lose pay temporarily depending on contract structure.
- The ripple effects extend beyond federal employees and vary by contract payment schedules.