When analysts want to know how Americans are feeling about the economy, they look to consumer surveys from The Conference Board and the University of Michigan. But they each paint a slightly different picture of people under age 35.
They aren’t just worried about upsetting their customers. Many face a number of other obstacles to raising prices, even as their costs have increased this year.
Several factors blunting the impact of tariffs could make it harder to notice the import taxes’ impact on inflation, even though they will likely cause the economy to slow.