Boeing Co's decision to stop production of its best-selling 737 MAX aircraf...
) decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact U.S. economic growth and employment, but the pain may be brief and concentrated in areas where suppliers are located, analysts and executives say.
Boeing holds unique sway in the U.S. economy as the largest U.S. goods exporter and also as the largest weight in the Dow Jones Industrial AverageThe suspension of production comes as the manufacturing sector is starting to regain its footing after being pressured by a 17-month trade war between the United States and China, which has eroded business sentiment and helped to undercut capital expenditure.
Economists do not anticipate an impact on growth for the full year as production of the plane is likely to resume sometime in 2020. They expected the Federal Reserve, which last week signaled interest rates could remain unchanged at least through 2020, would view any weakness in first-quarter growth as temporary, provided the production pause did not extend beyond the first half of next year.
Its total market value has risen by nearly $145 billion in 10 years, and it has shelled out another $62 billion to its investors in the form of dividends and stock buybacks.The effects of the production halt are likely to ripple through other sectors of the economy.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Boeing suspends 737 production for the first time in 20 years: WSJBoeing Co will halt 737 production in January for the first time in more than 20...
Consulte Mais informação »
Boeing considers halting production of 737 Max over grounding: report - Business InsiderThe decision could be announced by Boeing as soon as Monday, according to The Wall Street Journal, which cited sources familiar with the matter.
Consulte Mais informação »
Boeing may curb the production of 737 Max airplanes, source saysBoeing is considering curbing production of the troubled 737 Max. The company could either suspend production or further reduce the production level, a source said.
Consulte Mais informação »
Boeing considers cutting production of 737 Max, report saysBoeing may cut production of the grounded 737 Max jet or temporarily stop making it after being told that its timetable for a return to the skies was not realistic, according to a published report Sunday.
Consulte Mais informação »
Boeing 737 Max: Suspended production is embarrassing sign of hubris - Business InsiderBoeing repeatedly picked dates for the 737 Max's return only for them to come and go, and for the FAA to refuse to back the same timeline.
Consulte Mais informação »
Boeing To Halt 737 Output In January In Move That Will Strain Its Supply ChainAmid the 737 MAX crisis, Boeing has sought to minimize disruptions to the intricate web of smaller companies it relies on to supply roughly 80% of the components that make up its best-selling plane. Now a production halt will bring pain, and aerostructures suppliers like Spirit could bear the brunt.
Consulte Mais informação »