Fewer than half of consumers say they feel financially stable, according to data from analytics company JD Power. But for consumers under 40, things look especially challenging.
A report from the JPMorgan Chase Institute looked at the impact of President Donald Trump’s tariffs on companies that often don’t have the same flexibility as larger firms to switch up their supply chains.
Walmart says 90% of products from in-store brands are already free of these additives. But even a 10% change for a retailer as massive as Walmart can have a big effect on the industry
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.
June manufacturing surveys from the federal reserve banks of Dallas, Richmond, Kansas City, and New York offer a snapshot how production lines across the country are faring.