Story perspectives

Shutdown Nears End, $11 Billion Economic Losses Reported

11/11/2025

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Summary

Story summary

The Congressional Budget Office (CBO) estimates that the shutdown is nearing end, reducing fourth-quarter growth by 1.5 percentage points and causing about $11 billion in lost economic activity.
Federal workers have missed about $16 billion in wages, reducing consumer spending.
The shutdown delayed economic data releases, complicating the Federal Reserve's ability to set rates.
Economists do not foresee a recession, but consumer sentiment has fallen to a three-year low.

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Story summary

The Congressional Budget Office (CBO) estimates that the shutdown is nearing end, reducing fourth-quarter growth by 1.5 percentage points and causing about $11 billion in lost economic activity.
Federal workers have missed about $16 billion in wages, reducing consumer spending.
The shutdown delayed economic data releases, complicating the Federal Reserve's ability to set rates.
Economists do not foresee a recession, but consumer sentiment has fallen to a three-year low.