Jessica Mendoza
👤 PersonAppearances Over Time
Podcast Appearances
In other words, if you take away the bump in panic buying imports, the GDP right now would likely look different. So it sounds like the GDP in this moment is heavily reflecting imports, which has to do with tariffs. How much of what we're seeing now is because of Trump's policies?
In other words, if you take away the bump in panic buying imports, the GDP right now would likely look different. So it sounds like the GDP in this moment is heavily reflecting imports, which has to do with tariffs. How much of what we're seeing now is because of Trump's policies?
In other words, if you take away the bump in panic buying imports, the GDP right now would likely look different. So it sounds like the GDP in this moment is heavily reflecting imports, which has to do with tariffs. How much of what we're seeing now is because of Trump's policies?
So would it be fair to call it a transition economy, like a Biden-Trump transition economy at the moment?
So would it be fair to call it a transition economy, like a Biden-Trump transition economy at the moment?
So would it be fair to call it a transition economy, like a Biden-Trump transition economy at the moment?
President Trump has said that any economic slowdown is worth the sacrifice, that it would be short-term pain for long-term gain. The two other key metrics that everyone is looking for at this time period are inflation and jobs. The most up-to-date inflation data comes out next week, but we do know what's going on with unemployment.
President Trump has said that any economic slowdown is worth the sacrifice, that it would be short-term pain for long-term gain. The two other key metrics that everyone is looking for at this time period are inflation and jobs. The most up-to-date inflation data comes out next week, but we do know what's going on with unemployment.
President Trump has said that any economic slowdown is worth the sacrifice, that it would be short-term pain for long-term gain. The two other key metrics that everyone is looking for at this time period are inflation and jobs. The most up-to-date inflation data comes out next week, but we do know what's going on with unemployment.
Right. It's almost more of a wait and see kind of situation before they commit to any particular direction when it comes to its employees. I think that's right. That is really interesting because I'm based in D.C. and have friends who are in this bucket. You know, the narrative is definitely people are losing their jobs.
Right. It's almost more of a wait and see kind of situation before they commit to any particular direction when it comes to its employees. I think that's right. That is really interesting because I'm based in D.C. and have friends who are in this bucket. You know, the narrative is definitely people are losing their jobs.
Right. It's almost more of a wait and see kind of situation before they commit to any particular direction when it comes to its employees. I think that's right. That is really interesting because I'm based in D.C. and have friends who are in this bucket. You know, the narrative is definitely people are losing their jobs.
But it sounds like bigger picture across the country that that's not necessarily the case.
But it sounds like bigger picture across the country that that's not necessarily the case.
But it sounds like bigger picture across the country that that's not necessarily the case.
According to the Department of Labor, job growth was in health care and finance. Another category that was way up was transportation and warehousing, which economists think was about managing the surge in imports. OK, so the economy is doing better than it might seem. So why are people so worried? That's coming up.
According to the Department of Labor, job growth was in health care and finance. Another category that was way up was transportation and warehousing, which economists think was about managing the surge in imports. OK, so the economy is doing better than it might seem. So why are people so worried? That's coming up.