Railroad strike, and the economic damage it would cause, looms closer | CNN Business

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The first national rail strike in 30 years could start as early as Friday.

While two more rail unions reached tentative agreements with railroad management on new contracts Tuesday, the two most important unions — representing the engineers and conductors who make up the two-person crews on each train — remain at loggerheads in negotiations. If they don’t resolve their differences, the first national rail strike in 30 years could start early Friday.

Among the problems could be: The full economic impact would not be immediate, said Patrick Anderson, of Anderson Economic Group, which does economic impact estimates for work stoppages, although it would likely cost the economy tens of millions of dollars a day at the start. “The costs will grow geometrically the longer the strike lasts,” he said. “After a week, you’d see real damage in the US economy.

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