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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