U.S. Shutdown Costs $15 Billion a Week and Slows GDP Growth by 1.5 %
The ongoing U.S. government shutdown has entered its 38th day — the longest in the nation’s history — and its economic toll now far exceeds early forecasts.
Weekly losses reach $15 billion
According to National Economic Council Director Kevin Hasset, the crisis has caused far greater economic damage than expected. Analysts estimate the U.S. economy is losing roughly $15 billion each week due to the halt in federal operations, while quarterly GDP growth is projected to fall by 1–1.5 percent.
The Congressional Budget Office warns that the final quarter of 2025 will show significantly weaker results than planned, with both private consumption and government investment slowing sharply.
Political deadlock deepens the crisis
The shutdown persists amid Senate disagreements over extending health-care tax credits. Negotiations have stalled, and no resolution is in sight. Economists warn that if the standoff continues, it could erase up to half a percentage point from annual U.S. GDP growth and further undermine global market confidence.
The record-long shutdown also highlights how political gridlock can quickly translate into billions in lost output and shake investor sentiment worldwide.
Editorial Team — CoinBotLab