A potential rail strike could be the catalyst that brings the U.S. economy into a full-on recession, the American Chemistry Council warned in publishing Wednesday an economic analysis of the impacts on its industry and others.
“[If a strike lasts one month, it] would likely put a major chill on several leading economic indicators through the first half of 2023,” ACC said in a release about the report.
The group, which represents chemical shippers, determined a strike could result in 700,000 lost...
https://www.freightwaves.com/news/chemical-shippers-warn-rail-strike-could-hasten-recession