What damage will the auto strike do to U.S. business? If the workers re turn to their jobs within a month or so, the impact will be minimal— ex cept for the losses and layoffs suffered by G.M.'s suppliers. But if, as most authorities expect, the walkout lasts for six weeks or more, the effects could be unsettling. Last week Data Resources Inc., an economic consulting firm headed by Harvard's Otto Eckstein, a former member of the President's Council of Economic Advisers and a member of TIME'S Board of Economists, made some projections for TIME. By analyzing 320 eco nomic equations...
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