trending Market Intelligence /marketintelligence/en/news-insights/trending/s9xC9c9v055SmmZ3EnZMOA2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

S&P: Economic cost from US shutdown to exceed border wall price in 2 more weeks

Street Talk Episode 41 - How to Win the Funding Battle, Use Fintech to Play Offense

Forward Spark Spreads Suggest Rising Profitability Of US Renewables As Sector Matures

MA Activity The Big Story In Mature Online Video Platform Market

Martina Cheung Backs The Quality Program


S&P: Economic cost from US shutdown to exceed border wall price in 2 more weeks

The total economic cost of the ongoing partial U.S. government shutdown would exceed the amount of border wall funding that President Donald Trump is seeking if the impasse in Washington lasts for another two weeks, S&P Global Ratings said.

The U.S. economy will have lost $3.6 billion by Jan. 11, the 21st day of the shutdown, the rating agency said. The amount translates to approximately $1.2 billion every week since the shutdown began Dec. 22, 2018.

That means it will only take another two weeks before the cost of the shutdown exceeds the $5.7 billion requested for the proposed wall along the U.S.-Mexico border.

"The longer this shutdown drags on, the more collateral damage the economy will suffer," S&P said.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings, a separately managed division of S&P Global. Descriptions in this news article were not prepared by S&P Global Ratings. The original S&P Global Ratings documents referred to in this news brief can be found here.