Did the West Coast Port Dispute Contribute to the First-Quarter GDP Slowdown?
Abstract: In this post, we examine how the labor dispute at the West Coast ports, which began in the middle of 2014, might have affected GDP growth. Although the dispute started as early as July 2014, major disruptions to international trade did not surface until 2015:Q1. By that time, export and import growth through the West Coast ports in the first quarter were 14 percentage points to 20 percentage points lower than growth through other ports.
Part of Series: IFDP Notes
Publication Date: 2015-07-02