Will consumers see an immediate impact from the closure of the Port of Baltimore after the bridge collpase?
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Will consumers see an immediate impact from the closure of the Port of Baltimore after the bridge collpase?

1 Expert Answer

Richard Franza, PhD

Faculty, James M. Hull College of Business,  Augusta University

“First of all it’s going to take a while before we see any effect on certain things. The bad news for inflation is that it’s going to raise the cost of transportation for the goods coming off the ships. Will businesses absorb the cost or pass them along to consumers?”

Answers by Augusta University

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