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1 posts on "737 MAX"
February 13, 2020

Firm‑Level Shocks and GDP Growth: The Case of Boeing’s 737 MAX Production Pause

Julian di Giovanni

Events specific to large firms can have significant effects on the macroeconomy. The recent pause in Boeing’s 737 MAX production is a striking example of such an event or “shock.” This post provides a back-of-the envelope calculation of how the “737 MAX shock” could impact U.S. GDP growth in the first quarter of 2020.

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Posted at 7:00 am in Macroeconomics | Permalink

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Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

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