Given the combination of the slowdown in labor force growth due to reduced immigration and the combined effects of uncertainty and tariffs, I now expect real GDP growth will slow considerably from last year’s pace, likely to somewhat below 1%.
Williams predicts significant slowdown in GDP growth due to tariffs and immigration issues.
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The farmer is the only man in our economy who buys everything at retail, sells everything at wholesale, and pays the freight both ways.
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I want to make clear I am not for an $8 million study. What we have in mind here would not cost $8 million or even any significant portion of $8 million.
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