Baltimore bridge collapse poses little threat to U.S. economic growth, experts say
Publishing timestamp: 2024-03-27 09:08:05
Summary
Economists say the collapse of Baltimore's Francis Scott Key Bridge will cause temporary disruptions for companies relying on the Port of Baltimore for imports and exports, particularly impacting the auto industry. While the economic impact will be felt in the short term, it is not expected to have a significant effect on the national macro economy. President Biden has pledged federal support for the reconstruction of the bridge.
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Source: https://www.cnbc.com/2024/03/26/baltimore-bridge-collapse-us-economy-will-feel-minimal-impact.html