New York CNN —With barely a month to go before the US presidential election, a trifecta of economic shocks is threatening to sap Vice President Kamala Harris’ momentum on voters’ No.
1 issue: a port strike, a hurricane and an escalation of fighting in the Middle East.
Price pain could crop up elsewhere if the East Coast port strike, which began Tuesday, drags on longer than a week.
“If the Boeing strike and the port strike … last through the second week of October, job growth for October could be negative,” researchers at Oxford Economics wrote Wednesday.
A negative jobs report hasn’t been seen in this country since December 2020, the last full month of the Trump administration.
Persons:
CNN Business ’, Kamala Harris, Donald Trump hasn’t, “, ”, Harris, Emily Elconin, Harris ’, Price, Biden, Hurricane Helene, Moody’s, Helene, hasn’t, Trump, —
Organizations:
CNN Business, New York CNN, Republican, Democratic, Bloomberg, Getty, Boeing, Biden, Oxford Economics
Locations:
New York, Georgia, East, Maine, Texas, Carolinas, Florida, Tennessee
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