Effects of the U.S. government shutdown

Effects of the U.S. government shutdown

The five-week long US government shutdown cost the economy $11 billion.

The U.S. government shut down on December 22, 2018, and after five weeks, the longest in American history, costs have been measured, and the toll is high.

The shutdown cost the U.S. economy $11 billion, as lost output from federal workers, delayed government spending, and reduced demand were the major punch-takers, according to analysis by the nonpartisan Congressional Budget Office (CBO).

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2019-07-30T21:08:12+00:00

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Mason Davis
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