A strike will shut down the Port of Houston
If you're worried about falling off the fiscal cliff, a local labor problem could do even more damage.
Longshoremen at the Port of Houston are threatening to shut down business.
"As far as we know they are not set to get back together and a strike is pretty much set for 12:01 am on December 30th once the contract expires."
Jonathan Gold of the National Retail Federation says it's gonna hurt.
"Importers, exporters, transportation providers, manufacturers, farmers -- everybody who relies on the ports to move the nation's commerce."
Gold says a recent strike on the West Coast lasted ten days. Store shelves won't be restocked if the strike lasts long.