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Government shutdown will cost economy up to $14 billion

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 · 1mon
How much could a government shutdown cost the economy and taxpayers?
Each week of the ongoing government shutdown could cost the economy $7 billion and reduce GDP growth by 0.1 percentage points, according to an estimate published by EY-Parthenon chief economist Gregory Daco. That cost is a function of reduced pay for federal employees, delayed government procurement of goods and a decline in demand.

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PolitiFact · 1d
Ask PolitiFact: How much could the federal shutdown cost?
 · 3d · on MSN
Report: Government shutdown will cost the economy up to $14 billion
Marketplace
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Shutdowns don't usually have a lasting economic impact. Is this one different?

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Shutdown With No Clear End Poses New Economic Threat

As Washington’s stalemate continues into its fourth week with no end in sight, it’s looking like this could become one of ...
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How Much Does a Shutdown Impact the Economy?

That's how much a 34-day partial government shutdown reduced annualized real economic growth in the first quarter of 2019, ...

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