Story perspectives

Government Shutdown Delays GDP Estimates, Costs $7 Billion Monthly

11/2/2025

Summary

Story summary

The ongoing government shutdown delayed the Commerce Department's initial estimate of third-quarter GDP and interrupted related data releases.
The Bureau of Economic Analysis missed its report, and the Labor Department did not produce the September jobs report.
Private estimates show growth, with the Atlanta Federal Reserve's GDPNow model at 3.9% and the New York Federal Reserve's nowcast at 2.35%.
The shutdown is costing the economy about $7 billion per month.

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Story summary

The ongoing government shutdown delayed the Commerce Department's initial estimate of third-quarter GDP and interrupted related data releases.
The Bureau of Economic Analysis missed its report, and the Labor Department did not produce the September jobs report.
Private estimates show growth, with the Atlanta Federal Reserve's GDPNow model at 3.9% and the New York Federal Reserve's nowcast at 2.35%.
The shutdown is costing the economy about $7 billion per month.