- A Bloomberg survey of 30 prominent economists suggests that the negative economic impact of the government shutdown is likely around half of the White House's official estimate.
- On average, economists forecast that first quarter growth will drop 0.32 percentage points from pre-shutdown growth estimates.
- At the extremes of Bloomberg's survey, one economist expected GDP growth to be cut by 1.2 percentage points, while the most optimistic forecaster said growth would shrink just 0.05 pp.
- At 28 days long, the shutdown is now the longest in US history by exactly one week, surpassing the 21 day shutdown witnessed during 1995-1996 under the Clinton administration.
- You can see all Business Insider's coverage of the shutdown here.
The negative impact of the US government shutdown on economic growth is likely to be somewhat smaller than expected, according to a survey of prominent economists undertaken by Bloomberg.