A shutdown of longer than a month could do ‘some damage’: Economist

With a shutdown on track for October 1st, there are plenty of discussions about how long it could last and its impact on the economy. Several federal agencies will furlough hundreds of employees and their services will take a hit. Moody's Analytics Chief Economist Mark Zandi joins Yahoo Finance to give insight into how this will affect the economy and the dangers of a longer shutdown. Zandi explains that "the disruptions become quite significant," if the shutdown goes longer than a month, with many services being affected including homebuyers struggling to get flood insurance to close on their loans to potential impacts for the electric grid. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.