Macro - Weekly Briefings - US


Attention: There is an updated edition available for this report.

The impact of President Donald Trump's trade war is more visible in some data than others. While tariffs had their fingerprints all over Q1 GDP, it was only in the details of the April jobs report that some tariff effects could be discerned.


US: Tariff effects
Here, there, but not yet everywhere
Why our GDP nowcast was off
Weakness concentrated in anecdotal and sentiment data
Update our baseline tariff assumptions
The week in review
The week ahead
Key forecasts
Latest Country Economic Forecast:
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Oxford Economics' North American team

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