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Fortune
Fortune
Nino Paoli

The government shutdown won't be completely recouped—and it could cost the economy up to $14 billion, estimates say

Senate Majority Leader John Thune has adjourned the Senate until Monday, at which point negotiations to resolve the government shutdown will resume. (Credit: Nathan Posner/Anadolu via Getty Images)

The Senate adjourned Thursday, and won’t meet again until Monday, thus extending the second-longest federal government shutdown in U.S. history. It will reach its 34th day by then, which will match the longest government funding lapse in history. Now, experts have an estimate of what its economic fallout could be.

The shutdown could account for up to a $14 billion loss in real GDP, or the total value of goods and services produced by the economy and adjusted for inflation, which won’t be recouped, the Congressional Budget Office said Wednesday.

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