Economy News United Auto Workers Strike Cost To Us Economy Nears $8 Billion
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Shutdown impact: What it means for workers, federal programs and the economy
One estimate from Oxford Economics said a shutdown reduces economic growth by 0.1 to 0.2 percentage points per week. A shutdown that lasts the entire quarter, which has never occurred, would reduce ... Read More
Shutdowns don't usually have a lasting economic impact. Is this one different?
Government shutdowns can slow GDP, delay pay, hurt local economies and contractors, disrupt programs, and weigh on consumer confidence. Read More
How much could a government shutdown cost the economy and taxpayers?

Washington — The fight over funding the government is likely to be a costly one. Each week of the ongoing government shutdown could cost the economy $7 billion and reduce GDP growth by 0.1 percentage ... Read More
Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says
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