http://www.nytimes.com/2013/10/23/business/economy/shutdown-will-hinder-true-gauge-of-economy.html?_r=0
The article summarizes how government and economic statistics were skewed due to the government shut down. This is because many of the employment statistics and such could not be accounted for due to all of the government workers and employees. To fix this problem, economists needed to come up with new ways to quantitatively measure the economy's strength.
Also mentioned in the article was the fact that only 148,000 jobs were created compared to the 185,000 jobs expected to be created in the month of September. While this may seem like a negative thing for the economy, and it definitely is in some respect, other aspects of the overall economy must be analyzed as well.
Stocks rose due to the stimulus and purchase of $85 billion bonds per month. This is expected to continue well into 2014. Overall, I believe that these purchases greatly impact the economy and benefit it. With these purchases, the interest rates remain low and borrowing costs are decreased. Also, the 500 index was up by 23% just this year so far. If these purchases continue, it seems there will be little except positive effects on the economy. All of the influence that it has put on the economy so far has helped. Hopefully within the next few months we will continue seeing similar results, and perhaps even begin reaching the amount of jobs aspired to be created.
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