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Economy Could Lose $700 Million Because Of Eclipse

People wait in line to buy viewing glasses for the eclipse at the Griffith Observatory in Los Angeles early Monday, Aug. 21, 2017. (Richard Vogel/AP)
People wait in line to buy viewing glasses for the eclipse at the Griffith Observatory in Los Angeles early Monday, Aug. 21, 2017. (Richard Vogel/AP)

As people across the country gear up to see what they can of today’s eclipse, businesses might not be quite so excited. According to a study from the firm Challenger, Gray & Christmas, the eclipse could mean a major hit to the U.S. economy: a loss of around $700 million in productivity.

Here & Now‘s Meghna Chakrabarti speaks with CBS News’ Jill Schlesinger (@jillonmoney), host of “Jill on Money” and the podcast “Better Off,” about where the losses would come from.

Copyright 2021 NPR. To see more, visit https://www.npr.org.