Boeing 737 Max production halt to weigh on US growth

Aircraft manufacturer Boeing’s decision to halt production on the 737 Max jet will clip US economic growth in the first quarter, economists have said.

The move will subtract about 0.5 percentage points from first quarter annualised real GDP growth in 2020, economists at JPMorgan and Capital Economics predict. Boeing’s suppliers are already reeling from the uncertainty around just how long this production halt will last.


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