A longshoremen's strike at 15 East Coast and Gulf ports would have a ripple effect through the entire economy, piling on troubles at a time when the economy is struggling to recover, NRF President and CEO Matthew Shay said in this Bloomberg interview. He also offered insights on the failure to find a resolution to the "fiscal cliff" issue and shared concerns about the impact on consumer confidence and retail spending if the budget problems drag on next year.

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