10-day UAW strike against Big Three could cause economic losses exceeding $5 billion

Wage losses for threatened strike estimated at $859 million EAST LANSING, Mich. – A new analysis by consulting firm Anderson Economic Group (AEG) estimates that a strike on all three automakers by 143,000 United Auto Workers (UAW) members could result in a total economic loss of more than $5 billion after 10 full days. The […]

Potential UPS Strike Could Be Costliest in a Century

A 10-day UPS strike could cost the US economy more than $7B, with $4B in losses for consumers & small businesses East Lansing, Mich. – According to a new analysis by the consulting firm Anderson Economic Group (AEG), a threatened strike by 340,000 members of the Teamsters union against UPS could become one of the […]

US Rail Strike Could Cost Consumers $1B in First Week

AEG Analysis Shows a December Rail Strike Likely to Produce Greater Losses than the 2019 GM Strike in the First Week East Lansing, November 23, 2022—If the anticipated rail strike moves forward on December 9, Anderson Economic Group is forecasting potential losses to U.S. workers and consumers of approximately a quarter billion dollars in the […]

Likely Impact of Averted Rail Strike

Likely Cost to US Consumers and Businesses of a National Railroad Strike The following is a summary of an analysis of the potential costs to US consumers and businesses of a railroad strike that could have occurred shortly after midnight on Friday, September 16, 2022. It was prepared by Patrick L. Anderson, principal & CEO […]

How much do rideshare drivers earn? More than you might think.

According to our analysis, drivers between May and August 2021 took home nearly $35 per hour after expenses. Thrust into the spotlight during the pandemic, rideshare companies have become important sources of supplemental income for thousands, even as important questions persist about this new, flexible economy. At the core of these conversations is a simple […]

PERS Calculator Update for SEIU 503

SEIU Local 503 is Oregon’s largest public services and care provider union, representing 72,000 people and 500 different job descriptions. SEIU retained Anderson Economic Group to provide the underlying calculations for an online pension benefit calculator that allows SEIU members to estimate their future retirement benefits upon retirement. We reviewed pension benefit formulas for PERS, […]