Boeing strike costs U.S. $1 billion of GDP in just two weeks

Boeing workers hold out a sign that says "Strike" in big red letters, as well as other smaller signs. (Credit: M. Scott Brauer—Bloomberg via Getty Images)

The strike that has hobbled Boeing for two weeks is being felt not just at the company, but also across the entire country. As of Friday, the fallout from the strike accounts for a $1 billion reduction in U.S. GDP, according to estimates from Bjorn Markeson of economic analysis and modeling company IMPLAN.

According to Markeson’s calculations, this loss totals $700 million in Washington State alone, almost half of which is accounted for by lost wages in the state.