- Government shutdown led to $11 billion economic loss.
- Scott Bessent confirms no imminent recession risk.
- Trade deals, tax cuts expected to support growth.
The U.S. economy endured a permanent $11 billion loss from the 43-day government shutdown in 2025, yet recession threats remain distant according to Treasury Secretary Scott Bessent. Easing interest rates and tax cuts are projected to support 2026 growth.
Scott Bessent, the U.S. Treasury Secretary, announced on NBCโs โMeet the Pressโ that the U.S. economy suffered an $11 billion loss from the 43-day government shutdown in late 2025.
Analysts note this $11 billion loss is significant, but officials assure that broader economic recession risks remain low, focusing on strong, non-inflationary growth.
During the shutdown, the economy faced $11 billion in permanent losses, with Treasury Secretary Bessent emphasizing the need for optimism, given upcoming tax cuts and easing interest rates. President Trump also highlighted recent favorable trade deals.
The shutdown severely impacted job growth, marking a 15-year low. However, sectors like healthcare managed to add jobs, indicating resilience in some areas. Liquidity disruptions were evident, though officials expect a quick market recovery post-shutdown.
Comparatively, past U.S. government shutdowns usually lead to short-term GDP reductions, with most activity resuming post-shutdown. This 2025 shutdown, the second-longest in history, had measurable but not catastrophic nationwide effects.
Experts stress the importance of monitoring any indirect impacts on industries such as housing, where rate-sensitive sectors potentially face recessionary stress. Despite no direct effect on cryptocurrencies like BTC and ETH, the event underscores the intricacy of macroeconomic interplay.
โThe 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he was optimistic about growth prospects next year given easing interest rates and tax cuts.โ โ Scott Bessent, U.S. Treasury Secretary NBCโs โMeet the Pressโ
About the author
U.S. Government Shutdown Results in $11 Billion Economic Loss
The U.S. government shutdown in 2025 resulted in an $11 billion economic loss, says Treasury Secretary Scott Bessent, but recession fears remain low.
Crypto Market Sees $192 Million Liquidations in a Day
In 24 hours, $192 million in crypto liquidations hit short positions, impacting Bitcoin and Ethereum markets.
Bitmine Aims for 5% Ethereum Ownership by 2025
Bitmine plans to obtain 5% of Ethereum's supply by 2025, led by Tom Lee, underlining Ethereum's strategic future in blockchain.
Monad Raises $269M Ahead of Mainnet Launch
Monad successfully raises $269 million ahead of its mainnet launch, marking a significant entry into the Layer-1 market.
Yi Lihua Strategically Accumulates Ethereum Without Leverage
Yi Lihua confirms his Ethereum investment strategy, focusing on spot markets without leverage, amid market volatility.
Web3Labs X Account Hacked, False Information Released
Web3Labs' official X account was hacked on November 23, 2025, spreading false information. The company is collaborating with X to resolve the issue.
Related
Crypto Market Sees $192 Million Liquidations in a Day
In 24 hours, $192 million in crypto liquidations hit short positions, impacting Bitcoin and Ethereum markets.
Bitmine Aims for 5% Ethereum Ownership by 2025
Bitmine plans to obtain 5% of Ethereum's supply by 2025, led by Tom Lee, underlining Ethereum's strategic future in blockchain.
Monad Raises $269M Ahead of Mainnet Launch
Monad successfully raises $269 million ahead of its mainnet launch, marking a significant entry into the Layer-1 market.
Yi Lihua Strategically Accumulates Ethereum Without Leverage
Yi Lihua confirms his Ethereum investment strategy, focusing on spot markets without leverage, amid market volatility.
Web3Labs X Account Hacked, False Information Released
Web3Labs' official X account was hacked on November 23, 2025, spreading false information. The company is collaborating with X to resolve the issue.
Crypto Market Unlikely to Crash, Indicates Analyst
Crypto market holds steady without frenzy or crash, analyst Lyn Alden asserts.
