The United Auto Workers’ simultaneous, but limited, strike against Ford, General Motors and Stellantis has now cost the U.S. economy over $9 billion, which is more than twice the previous record for an auto industry strike this century.
The latest data released Monday from Michigan consulting firm Anderson Economic Group show the union’s strike against Detroit’s Big Three cost the auto industry alone some $9.3 billion as of Oct. 19, which marked the strike’s fifth full week.
A breakdown of the numbers shows the UAW’s strike has so far cost workers $488 million in lost wages, while the automakers have collectively lost $4.18 billion.