Tariffs Causing Retail Uncertainty

‘Anxiety and confusion’ from tariffs and other policies are causing uncertainty says NRF's Kleinhenz

WASHINGTON — Halfway through the year, it is still difficult to predict the impact new tariffs and other government policies will have on the U.S. economy, National Retail Federation Chief Economist Jack Kleinhenz said Tuesday.“This year began with high expectations for the strength of the U.S. economy,” Kleinhenz said, noting strong 2.8% year-over-year growth in gross domestic product in 2024 that was led by consumer spending and helped by busi…

Tariffs Causing Retail Uncertainty

Reports indicate consumers remain very price sensitive