The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
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the staff of the Ridgewood blog
WASHINGTON, D.C. — Consumer prices rose 2.7% year-over-year in July, coming in slightly below economists’ expectations and signaling modest inflation pressures despite ongoing tariff concerns. The Consumer Price Index (CPI), released Tuesday by the Bureau of Labor Statistics (BLS), also showed a 0.2% monthly increase, matching forecasts.
the staff of the Ridgewood blog
WASHINGTON, D.C. — The United States trade deficit fell sharply to $60.2 billion in June, its lowest level in nearly two years, according to fresh data released by the federal government yesterday.
Continue reading U.S. Trade Deficit Falls to 2-Year Low as Imports Drop Ahead of Tariffs
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the staff of the Ridgewood blog
WASHINGTON, D.C. — So much for the “tariffs equal runaway inflation” narrative. The latest data from the Bureau of Labor Statistics (BLS) shows that wholesale prices were completely flat in June, suggesting that fears of tariffs causing a major price surge may be more hype than reality.
Continue reading Tariffs Aren’t Fueling Inflation: June Producer Price Index Shows Zero Growth
the staff of the Ridgewood blog
Newark NJ, the U.S. and China have just agreed to suspend most tariffs on each other’s goods for 90 days, following months of escalating trade tensions. However, the question remains: which U.S. states and sectors are most exposed to this kind of volatility?
Continue reading New Jersey Ranks 8th in the US for Imports From China
the staff of the Ridgewood blog
Everett Washington, the Trump administration tariffs have saved American manufacturers struggling to keep blue-collar jobs in the U.S. from moving production overseas, according to Electric Mirror CEO Jim Mischel, whose industry has been hit hard by unfair trade practices by China and other countries.
the staff of the Ridgewood blog
Ridgewood NJ, as geopolitical tensions and trade disruptions continue to shake global markets, corporate leaders are sending a clear message: Boards of directors aren’t stepping up when they’re needed most.
Continue reading CEOs Feel Let Down by Boards Amid Global Uncertainty, Study Finds
the staff of the Ridgewood blog
Ridgewood NJ, Despite the media’s alarmist headlines predicting economic turmoil, inflation spikes, and market downturns, the reality tells a different story. Contrary to popular belief, tariffs are delivering tangible economic benefits, and the numbers prove it.
Continue reading Tariffs Are Working: The Economic Shift Most Haven’t Noticed Yet
the staff of the Ridgewood blog
Ridgewood NJ, summer is just around the corner, and you know what that means—patio season, frozen margaritas, and pretending you’re on a tropical vacation instead of sweating in your backyard. But if you’re a fan of tequila or mezcal, brace yourself: your favorite cocktail might soon cost you more. And worse? It might taste different too.
Continue reading Say Adiós to Cheap Margaritas: How Tariffs Could Shake Up Your Tequila Game
