BELVIDERE, Ill. (WTVO) – Last week, Fiat Chrysler announced it would be eliminating more than 1,000 jobs at the Belvidere Assembly Plant.
The personal impact of that announcement has been felt across the stateline, but the ripple effect is not over.
A new study, released today by Northern Illinois University, shows a potential loss of millions of dollars to the local economy.
“When people lose their jobs, they spend less on food, they spend less on entertainment, they spend less on healthcare. There’s an impact there that we can also measure,” said Brian Harger, a