Sustaining Capitalism

Today, Dr. Lori Esposito Murray, President of the Committee for Economic Development, the public policy center of The Conference Board (CED), released the following statement:

“CED welcomes the tentative agreement reached by the freight rail companies and representatives of the unions averting a rail strike. Freight rail is essential to the daily workings of the economy and to economic growth. At a time of decades-high inflation, tight supply chains, and a looming recession, a rail strike would harm our economy and the lives and work of millions of Americans. We commend both sides negotiating in good faith, following the recommendations of the President’s Emergency Board, to avoid a strike. We urge the unions to ratify the agreement swiftly, so the nation can get back to the business of economic recovery from the multiple, disruptive shocks.”

Media Contacts

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About CED

The Committee for Economic Development (CED) is the public policy center of The Conference Board. The nonprofit, nonpartisan, business-led organization delivers well-researched analysis and reasoned solutions in the nation’s interest. CED Trustees are chief executive officers and key executives of leading US companies who bring their unique experience to address today’s pressing policy issues. Collectively they represent 30+ industries, over a trillion dollars in revenue, and over 4 million employees. www.ced.org

About The Conference Board

The Conference Board is the member-driven think tank that delivers trusted insights for what’s ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org