Shutdown: Months to Assess Damage in Detail

19 October 2013 |permalink | email article

It will cost the U.S. economy several billion dollars, according to estimates by economic research firms. But the affiliated damage will be far greater, economists said, while eroding confidence. “The three weeks of government shutdown will cost the economy $3.1 billion in gross domestic product from lost government services. The government has lost out on millions of dollars that would have been spent on shuttered parks, caves, monuments and museums, for instance, with the National Park Service putting its toll at $450,000 a day. But the heftiest cost will be paying government workers for time—about 800,000 workers were barred from working. 

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