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January Predicted to be Poor for Most Businesses in US

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Every year, the month of January slows down the speed of business in the US. But this time, the situation for business may deteriorate as the federal government shutdown would likely to make it worse. The good thing is that the shutdown would not last for a long period of time, hence it would be easy to regain the momentum soon after the shutdown comes to an end. According to reports, federal workers have been absent or working without pay since December 22. But still, there will be no issue for them in receiving a paycheck from the US government between Dec 28 and Jan 3. This paycheck will be smaller than as usual but the next one which is due on Jan 11 would only come if Donald Trump and Congress give their consent for it.

The economist, Stephen Fuller, head of the Stephen S. Fuller Institute at George Mason University told that it is not possible right now to tell how many people would get affected due to the shutdown. According to economists and marketing experts, the contractors and many industries would bear the brunt of this shutdown. And mostly, small businesses such as retailers inside federal buildings and food trucks that largely depend on the spending of federal workers and contractors.

Since the shutdown period always remains slow every year so it won’t get reflected in the economic indicators much. People restrict their spending post-Christmas so there will not be much loss due to the shutdown. Also, tourism during this phase of time also remains on the lower-side so this is not a significant subject to worry. As is the tradition every year, if the Trump government pays the paycheck to federal workers once the shutdown is over, then it will not affect the economy much.

“Because it’s the slowest time of the year, the side effects are considerably smaller just because the economy is in suspended animation at this point,” Fuller said. If the continues for over six month then it would affect everyone otherwise there is no such need to worry due to it.

Jenny is one of the oldest contributors of Bigtime Daily with a unique perspective of the world events. She aims to empower the readers with delivery of apt factual analysis of various news pieces from around the World.

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Miami Swim Week 2019 was a Big Affair

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This weekend marked the hottest summer weekend to go off with a bang. The Magic city celebrated the Miami Swim Week 2019. And celebrities flooded the event. Everyone flocked to the city including fashion connoisseurs, influencers and celebrities to partake in the weekend of fun.

It was full of runway shows, parties, after parties, pop up shows, trade shows, which centred on the newest collections of swimwear and resort wear for 2020.

The veteran of the swim week- Paraiso, formerly known as the Funkshion took over the city with activation parties and runway shows. And the newbies like NuWave Swim also added a tone of surprise to the celebrity studded swim week.

Other brands like Sports Ilustrated’s SI Swim, Tori Praver, Badgley Mishka, Monday Swimwear, Gottex made to the Swim Week too. But the highlight of the week was the new brands focusing on trend of sustainable swimwear.

As said earlier, one of the rising trend of 2020 swim wear is sustainable swimwear. Brands like Vetchy are the new comers changing the game. There is also Dos Gardenias, a Los Angeles based brand that utilizes sustainable fabric from France and Italy. And the fabric is Neoprene, which is chic as well as durable.

The runway show not only featured stick thin runway super models but it was inclusive. And models of all shapes, sizes and colours were a part of the show.

One of the notable thing about the runway show was the “Burkini” that Cynthia Rowley designed and Halima Aden modeled for. And it read – “Don’t change yourself, change the game.”

Models included in 2019 cover were Camille Kostek, Jasmine Sanders, Kate Bock, Robin Holzken, Vita Sidorkina and 16 Model search finalists.

Celebrities who made it to the Miami Swim week included Jaden Smith. He celebrated his birthday at Groot Hospitality’s Swan in Miami Design district. And then he headed over to LIV, where he put on an epic performance. Other big names included Mark Birnbaum, Jason Derulo, Kate Bock, Olivia Culpo, Joy Corrigan, Carolina Lindo, Claudia Vergara, Cassie Randolph, Michelle Randolph, Tash Oakley and Devin Brugman.

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