Losses From UAW Strike: $10.4 Billion


The United Auto Workers’ strike against the Big Three has ended, but not before major economic damage was inflicted. Anderson Economic Group estimates that after six weeks, the strike has resulted in more than $10.4 billion in direct costs — mostly tied to the automakers or suppliers and their employees. Researchers told OMA staff that about 20% of the losses could be linked to Ohio’s economy. Former Ford CEO Mark Fields told CNBC this week that “automation in the plants is now going to look a lot more compelling.” 10/31/2023