The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
WASHINGTON, D.C. — The U.S. Department of the Treasury announced Friday that the federal government recorded a $27 billion budget surplus for the month of June 2025, thanks largely to a surge in tariff revenue.
the staff of the Ridgewood blog
Washington DC, After a rocky start to 2025 driven by the effects of the Trump-era tariff tensions, the American economy is showing strong signs of resilience. According to the Atlanta Federal Reserve, the estimated GDP growth for the first two months of the second quarter now sits at a robust 4.6%.
Continue reading U.S. Economy Surges in Q2 Despite Early-Year Tariff Turmoil
the staff of the Ridgewood blog
Ridgewood NJ, inflation in April stayed surprisingly steady, even as experts warned that new tariffs could drive prices higher. According to a report released Friday by the U.S. Commerce Department, the Personal Consumption Expenditures (PCE) Price Index — the Federal Reserve’s preferred inflation gauge — rose just 0.1% for the month.
Continue reading April Inflation Barely Moves Despite Tariff Warnings — Here’s What the Data Says
