The U.S. economy continues to send mixed signals. Inflation has cooled but hasn’t disappeared. Consumers are sour on the economy, but they continue to spend. And the impact of tariffs is still up in the air. Curtis Dubay, chief economist at the U.S. Chamber of Commerce, unpacks where the economy stands and what CPAs and their clients should be watching in the months ahead.
Topics discussed:
- Impact of recent Supreme Court decision on tariffs
- Consumers are still spending, but which consumers?
- Are consumer debt levels up?
- Impact of low birthrates and declining immigration
- How important are quarter-to-quarter economic growth rates?
- The economic indicators that Curtis will be tracking the rest of the year
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