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7h agoFederal shutdown could cost U.S. economy up to $14 billion
The ongoing U.S. federal government shutdown may reduce fourth-quarter GDP by between $7 billion and $14 billion (up to 2 %) due to halted spending on employee compensation, goods, services and benefits, the Congressional Budget Office said. With around 750,000 federal workers furloughed since October 1, the agency expects some output loss will be permanent depending on the duration of the shutdown and policy responses. Markets are watching for ripple effects on confidence, demand and global spill-overs.
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negative
7h agoFederal shutdown could cost U.S. economy up to $14 billion
The ongoing U.S. federal government shutdown may reduce fourth-quarter GDP by between $7 billion and $14 billion (up to 2 %) due to halted spending on employee compensation, goods, services and benefits, the Congressional Budget Office said. With around 750,000 federal workers furloughed since October 1, the agency expects some output loss will be permanent depending on the duration of the shutdown and policy responses. Markets are watching for ripple effects on confidence, demand and global spill-overs.
Explore:Mutual Fund Themes
negative
Federal shutdown could cost U.S. economy up to $14 billion
about 8 hours ago
1 min read
77 words
The U.S. shutdown may cost up to $14 billion in Q4 GDP, with some economic damage likely permanent.
The ongoing U.S. federal government shutdown may reduce fourth-quarter GDP by between $7 billion and $14 billion (up to 2 %) due to halted spending on employee compensation, goods, services and benefits, the Congressional Budget Office said. With around 750,000 federal workers furloughed since October 1, the agency expects some output loss will be permanent depending on the duration of the shutdown and policy responses. Markets are watching for ripple effects on confidence, demand and global spill-overs.
The ongoing U.S. federal government shutdown may reduce fourth-quarter GDP by between $7 billion and $14 billion (up to 2 %) due to halted spending on employee compensation, goods, services and benefits, the Congressional Budget Office said. With around 750,000 federal workers furloughed since October 1, the agency expects some output loss will be permanent depending on the duration of the shutdown and policy responses. Markets are watching for ripple effects on confidence, demand and global spill-overs.
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economy
US
economy
US
government shutdown
fiscal policy
GDP
Oct 29, 2025 • 20:29 IST