Government Shutdown Costs Contractors $12 Billion, Chamber of Commerce Reports
The economic repercussions of the government shutdown continue to mount, with a new report from the Chamber of Commerce highlighting the significant financial burden on government contractors. The report underscores the urgent need for Congress to act and pass a funding bill to reopen the federal government.
The Financial Toll
According to the Chamber of Commerce, the shutdown, which began on October 1, 2025, has already cost government contractors an estimated $12 billion. This figure represents lost revenue, delayed projects, and increased uncertainty for businesses that rely on government contracts. The impact is felt across various sectors, affecting companies of all sizes and their employees. The situation has created a ripple effect, potentially impacting the broader economy.
The Chamber of Commerce’s Stance
The Chamber of Commerce has been vocal in its criticism of the shutdown, urging Congress to find a resolution. The organization emphasizes the importance of a functioning federal government for the stability of the business environment. Their report serves as a stark reminder of the financial consequences of political gridlock and the need for a swift, decisive solution.
Looking Ahead
The continued shutdown presents a significant challenge for government contractors and the economy. The Chamber of Commerce’s call for a short-term funding bill reflects the urgency of the situation. Without a resolution, the financial strain on contractors will continue to escalate, potentially leading to further economic disruption.
Source: CNBC, “Shutdown cost government contractors $12 billion so far, Chamber of Commerce report says”, October 30, 2025.