The FY2014 Government Shutdown: Economic Effects

Description:

This report discusses the effects of the FY2014 government shutdown on the economy. It also reviews third-party estimates of the effects of the shutdown on the economy, which predicted a reduction in gross domestic product (GDP) growth of at least 0.1 percentage points for each week of the shutdown, with a cumulative effect of up to 0.6 percentage points in the fourth quarter of 2013.

Creator(s): Labonte, Marc
Location(s): United States
Creation Date: November 1, 2013
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
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Creator (Author):
Labonte, Marc

Specialist in Macroeconomic Policy

Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: November 1, 2013
Coverage:
Place
United States
Description:

This report discusses the effects of the FY2014 government shutdown on the economy. It also reviews third-party estimates of the effects of the shutdown on the economy, which predicted a reduction in gross domestic product (GDP) growth of at least 0.1 percentage points for each week of the shutdown, with a cumulative effect of up to 0.6 percentage points in the fourth quarter of 2013.

Physical Description:

11 pages.

Language(s):
Subject(s):
Series Title: Fiscal Year 2014
Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text