Can Any Other Product Rival The Impact Of Boeing’s 737 MAX On The Economy?
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January 29, 2020 - by Jack Stewart for marketplace.org
Last week, Boeing officially shut down the 737 Max production line. What had been the company's best selling plane has been grounded, worldwide, since March 2019, after two fatal crashes.
The crisis at Boeing is showing up in key economic indicators that affect us all. In particular, economists say it means that GDP won't grow as fast as expected at the start of this year.
Which got us to thinking: What else is similarly crucial to the economy? Are there any other single products which, if they went away, would have such a noticeable impact?
"It was bigger than I expected before I did the calculation," said...
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