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Politics : Stockman Scott's Political Debate Porch
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To: Jim Willie CB who wrote (7647)9/30/2002 5:11:25 PM
From: TigerPaw  Read Replies (2) of 89467
 
as shoppers pull back to watch the shooting gallery and commentary

It may be just as well,  there won't be anything for the shoppers to buy.


West Coast cargo ports were shut down indefinitely Sunday night ...

the larger effect would be on retailers, who won't have the same volume of goods to sell, and as a result won't have as much sales revenue to fund additional purchases.

"The lost sales of the imported commodities will have a ripple effect throughout the nation's retail support sector, creating negative impacts in such support activity as local warehousing and distribution, advertising, wholesale activity and packaging," the study said.

The costs would snowball, with a 10-day shutdown costing the economy an estimated $19.4 billion, the study concluded.


latimes.com
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