The partial shutdown of the federal government cost the U.S. economy $11 billion, according to analysis from the Congressional Budget Office (CBO), nearly double the $5.6 billion President Trump had requested for a border wall.
A sign outside of the Renwick Gallery stating that all Smithsonian museums are closed is seen on day 30 of a partial government shutdown, in Washington, U.S., January 20, 2019.
CBO estimated that about $18 billion in federal discretionary spending was delayed during the shutdown, although most of that is likely to resume again - unless there is another shutdown in less than three weeks.
US federal government worker Yvette Hicks, whose status as a contractor means she will receive no back pay from the 35-day shutdown, cries in frustration as she talks about her situation at her home in Washington on Friday.
While much of that loss will be recovered, the CBO estimates that $3 billion is permanently lost. The President temporarily relented on Friday, agreeing to a plan that funds the government through February 15.
The 35-day shutdown, which broke the record for the longest the federal government has ever been closed, was the result of stalled negotiations between Republicans and Democrats over President Trump's demand for $5.7 billion for the construction of a wall on the southern border.
The lost economic activity equaled 0.1 percent of real gross domestic product (GDP) in the fourth quarter and 0.2 of real GPD in the first quarter of 2019.
The CBO's analysis does not include some indirect effects of the shutdown, such as the halt in some federal permits and reduced access to loans.
The U.S. government reopened fully on Monday. The president, however, appeared less than optimistic about reaching a deal on border security, telling the Wall Street Journal that he puts the odds at less than "50-50" that lawmakers will make the deadline.
The report says that because of the shutdown, which lasted from December 22 through last Friday, about $18 billion in discretionary government spending was delayed. That caused them to spend less at "private-sector entities", some of which "will never recoup that lost income", the report says.