Federal Shutdown for a Week Seen Shaving 0.1 Point From Growth

A partial shutdown of the U.S. government lasting one week would probably shave 0.1 percentage point from economic growth, according to the median estimate of economists, with the costs accelerating if the closing persists.

Estimates of the setback to gross domestic product ranged from zero to 0.4 percentage point, according to 40 economists in a Bloomberg survey. The U.S. government yesterday began its first partial shutdown in 17 years as Republicans and Democrats clashed over whether to tie any changes to the 2010 Affordable Care Act to a short-term extension of government funding.