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A potential railroad strike will cause significant damage to the US economy, amounting to billions of soums

(KYMA, KECY/CNN) – A new report puts the cost of the railroad strike at $1 billion in its first week.

The Anderson Economic Group called the potential strike one of the most devastating events that could happen to the economy.

Lost agricultural commodities and food spoilage quickly contribute to high losses.

The Association of Retail Industry Leaders is calling on politicians to intervene to avert an “economic disaster”.

The four railroad unions that voted against the deal with US Railroads have set a joint strike date of Dec. 9 if no deal is reached.

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