Recent research has found that tariffs can reduce economic activity to a point where inflation starts to fall. But if that happens, the economy would be dealing with much bigger problems.
New data on producer price inflation, or PPI, will be released on Friday. And while it’s not the inflation that faces consumers, it impacts decisions companies make about raising prices.
Prices are still rising on most consumer goods, but gas prices fell roughly 20 cents a gallon on average nationwide since January 2025, according to AAA.
Inflation and job creation are expected to hold steady, but revisions to the 2025 jobs numbers are expected to be large enough to show a net loss for all of last year.