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Boeing is dragging down the US economy

Summary:
US Federal Reserve chairman Jay Powell says the cross-currents dragging on the US economy include trade and weak foreign demand. But there’s a less obvious item he might add to the list: Boeing. The woes of the aircraft manufacturer do not just drive news headlines, they drive American economic data as well. Read my latest on this in the Financial Times. Share this

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US Federal Reserve chairman Jay Powell says the cross-currents dragging on the US economy include trade and weak foreign demand. But there’s a less obvious item he might add to the list: Boeing. The woes of the aircraft manufacturer do not just drive news headlines, they drive American economic data as well. Read my latest on this in the Financial Times.

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