A federal shutdown could freeze $8 billion in monthly SNAP payments, removing a key lifeline for millions and disrupting grocery spending patterns. Walmart, which captures nearly a quarter of all SNAP spending, faces the steepest impact as lower-income households cut back or trade down to cheaper products.
Key Takeaways
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Walmart most exposed: The retailer captures 24% of all SNAP spending, outpacing other retailers.
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Economic ripple effect: A lapse in SNAP funding would not only reduce food access but also strain local economies and jobs supported by grocery spending.
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Short-term volatility likely: Even if benefits resume later, retailers may see uneven sales trends, with temporary dips followed by spending rebounds.
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