The real economy – April 2025
Ongoing trade and tariff uncertainties are impacting middle market businesses domestically and globally. In response, companies have been stockpiling goods, pushing the trade-in-goods deficit to record highs. This inventory buildup raises the risk of a correction if demand falters, notes RSM US Chief Economist Joe Brusuelas in April’s edition of The Real Economy.
Source: https://rsmus.com/middle-market/the-real-economy.html
