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YSU economics expert weighs in on ripple effect of GM Lordstown announcement

Started by RSS, November 27, 2018, 11:01:24 AM

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November 27, 2018, 11:01:24 AM
YSU economics expert weighs in on ripple effect of GM Lordstown announcement

The ripple effect of Youngstown's steel era ending 40 years ago was simply crippling; the city's population is now less than a third of what it was at its peak. Dr. Tod Porter, chairman of YSU's economics department, says the ripple effect of GM's Lordstown plant being idled due to the company's non-allocation would be similar but smaller in scale. "You have the loss of about 1,600 jobs from the Lordstown plant," said Porter. "A good ballpark sort of number as to what...

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