Name: Shutdown threatens lasting damage to U.S. economy
Uploaded: 2025-11-02T03:28:06+08:00
Duration: 2 min 29 s
Description: Nov. 1 marks 31 days of the U.S. government shutdown, the second-longest shutdown in the country’s history. And concern is growing about the impact it’s having on America’s economy.

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02:30

Nov. 1 marks 31 days of the U.S. government shutdown, the second-longest shutdown in the country’s history. And concern is growing about the impact it’s having on America’s economy.

A new nonpartisan report from the U.S. Congressional Budget Office estimates a permanent GDP loss of up to 14 billion dollars if the shutdown continues another month.

CGTN’s Poppie Mphuthing has more on the shutdown’s economic consequences.

For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.