02 Oct 2024

What Could the Dockworkers’ Strike Mean for Growth and Inflation?

Thoughts on the Market

In this podcast episode, experts Michael Zezas and Diego Anzoategui delve into the economic fallout from the US dockworker strike that started on October 2nd. They explore the uncertainty surrounding the strike's length and its potential long-term effects on economic growth and inflation. The discussion highlights how the strike disrupts local production and significantly affects exports from the East Coast and Gulf ports, which are crucial for US trade. Industries such as energy, chemicals, and automotive may bear the brunt of these disruptions, leading to increased import prices and heightened inflation across essential consumer goods.

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