US shutdown subtracted $11bn from GDP: Report

The five-week US government shutdown subtracted $11 billion from the economy, about twice the amount President Donald Trump sought to fund a border wall, a congressional body said Monday. However, all but $3 billion, or 0.02 per cent of GDP, will eventually recovered as the government resumes operations, the non-partisan Congressional Budget Office said in a report.

from World News Headlines, Latest International News, World Breaking News - Times of India http://bit.ly/2HEtC58
via IFTTT