Article 47YKK Government shutdown cost US economy $11bn

Government shutdown cost US economy $11bn

by
Dominic Rushe in New York
from Economics | The Guardian on (#47YKK)
  • Annual growth forecast revised down 0.2%
  • Congressional Budget Office says full effect may be larger

The 35-day partial shutdown of the US government cost about $11bn and shaved 0.2% off the nation's annual economic growth forecasts, the non-partisan Congressional Budget Office said on Monday.

The shutdown triggered by a fight over funding for Donald Trump's proposed border wall with Mexico ended on Friday and was the longest in US history.

Related: End of shutdown: workers left with debts, bad credit and shattered trust

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