{"id":834843,"date":"2025-03-18T08:12:19","date_gmt":"2025-03-18T13:12:19","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/18\/consumers-are-keeping-the-economy-afloat-as-businesses-scramble-on-tariffs\/"},"modified":"2025-03-18T08:12:19","modified_gmt":"2025-03-18T13:12:19","slug":"consumers-are-keeping-the-economy-afloat-as-businesses-scramble-on-tariffs","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/18\/consumers-are-keeping-the-economy-afloat-as-businesses-scramble-on-tariffs\/","title":{"rendered":"Consumers are keeping the economy afloat as businesses scramble on tariffs"},"content":{"rendered":"
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In This Story<\/h6>\n<\/section>\n

The U.S. consumer is holding up pretty well even as businesses scramble to adjust to President Donald Trump\u2019s trade war, economic indicators show. This is helping to support stock prices \u2014 especially on days when the president doesn\u2019t mention tariffs.<\/p>\n

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Suggested Reading<\/h4>\n<\/div>\n
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DraftKings CEO says he’s not making decisions based on their stock price, but looks at it every day<\/p>\n<\/div>\n

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Suggested Reading<\/h4>\n<\/div>\n

The S&P 500 and Dow Jones and Nasdaq Composite indexes closed higher on Monday after overall retail sales rebounded by less than expected in February, rising 0.2% from January \u2014 but the control group that feeds into GDP topped forecasts with a 1% increase. <\/p>\n

By contrast, the New York Fed\u2019s empire manufacturing index fell by almost 26 points to -20 for March, the lowest level since early 2024, while the price measure picked up. Additionally, the NAHB homebuilders index for this month also weakened unexpectedly.<\/p>\n

We\u2019re seeing \u201cresilience of economy on consumer side, but weakness on business side as companies deal with tariff issue,\u201d economist Ed Yardeni said on a conference call. While the U.S. economy isn\u2019t definitely heading for a recession, the odds of one have increased. <\/p>\n

And while current bear indicators are at a levels that usually signal a screaming buy for stocks \u2014 because they prompt the Federal Reserve to cut interest rates \u2014 that\u2019s not going to happen at this week\u2019s meeting of the central bank, Yardeni said. Policymakers still remain dovish, however, and may cut later this year, he added.<\/p>\n

\u201cGet a neck brace, the volatility will most likely continue,\u201d Yardeni said, adding that he\u2019s not sure that the stock market has hit bottom.<\/p>\n

The situation may stabilize after the Trump administration imposes reciprocal tariffs on April 2 \u2014 provided that it then negotiates the rates down. If they become a permanent feature, as Trump has insisted they will be, the situation would be different.<\/p>\n

Pantheon Macroeconomics sees the elevated risk of much weaker growth as consumers seek to rebuild a savings buffer in response to concerns about job security, keeping to its projection of 75 bps of rate cuts this year.<\/p>\n

Treasury Secretary Scott Bessent said Sunday on NBC\u2019s (CMCSA<\/a><\/span>) \u201cMeet the Press\u201d that he he was \u201cnot at all\u201d worried about the stock market<\/a><\/span>, calling corrections \u201chealthy.\u201d<\/p>\n<\/div>\n

Read More<\/a>
\n Josh Fellman<\/p>\n","protected":false},"excerpt":{"rendered":"

In This Story The U.S. consumer is holding up pretty well even as businesses scramble to adjust to President Donald Trump\u2019s trade war, economic indicators show. This is helping to support stock prices \u2014 especially on days when the president doesn\u2019t mention tariffs. Suggested Reading DraftKings CEO says he’s not making decisions based on their<\/p>\n","protected":false},"author":1,"featured_media":834844,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3333,564],"tags":[],"class_list":{"0":"post-834843","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-consumers","8":"category-keeping"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/834843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=834843"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/834843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/834844"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=834843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=834843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=834843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}