Economy News United Auto Workers Strike Cost To Us Economy Nears $8 Billion

Federal shutdown could cost US economy up to $14 billion

WASHINGTON (Reuters) -The federal government shutdown could cost the U.S. economy between $7 billion and $14 billion, shaving up to 2% from gross domestic product in the fourth quarter due to the ... Read More

Government Shutdown Could Cost US Economy Up To $14 Billion, According To Congressional Budget Office

・The ongoing federal government shutdown could cost the U.S. economy between $7 billion and $14 billion, CBO says. ・CBO expects the economy to struggle due to delayed spending on employee compensation ... Read More

Report: Government shutdown will cost the economy up to $14 billion

The U.S. economy will lose between $7 billion and $14 billion due to the federal government shutdown, according to a new report released Wednesday by Congress’s nonpartisan bookkeeper. Federal workers ... Read More

Government Shutdown Has Already Cost US Economy $18 Billion This Year, CBO Says

The federal government shutdown has already cost the US economy at least $18 billion this year, a figure that “will intensify” in the weeks to come, according to the Congressional Budget Office. The ... Read More

US economy could lose $15 billion from government shutdown

(CNN) - The Congressional Budget Office is warning the United States economy could lose billions of dollars due to the government shutdown. A report finds the shutdown will lower GDP growth for the ... Read More