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How Boeing's 737 Max Crisis Is Hurting U.S. GDP Growth

How Boeing's 737 Max Crisis Is Hurting U.S. GDP Growth

The grounding of the 737 MAX jet at Boeing Co. (BA), the largest American manufacturing exporter and one of the nation's biggest private employers, is weighing on the U.S. economy. In the wake of two disastrous commercial airline crashes, Boeing's reduced production has left lines of MAX jets piling up at Boeing factories. Boeing's impact comes as the economy already is expected to post a modest 2% gain in GDP in the second quarter, partly due to the U.S.-China trade war, a growth rate far below the goals of the White House.