Did the West Coast Port Dispute Contribute to the First‑Quarter GDP Slowdown?

Mary Amiti, Tyler Bodine-Smith, Michele Cavallo, and Logan T. Lewis The decline in U.S. GDP of 0.2 percent in the first quarter of 2015 was much larger than market analysts expected, with net exports subtracting a staggering 1.9 percentage points (seasonally adjusted annualized rate). A range of factors is being discussed in policy circles to … Continue reading Did the West Coast Port Dispute Contribute to the First‑Quarter GDP Slowdown?