Washington —
Americans are still opening their wallets, with unemployment remaining low and businesses blunting the effects of President Donald Trump’s widespread tariffs.
But consumers remain skittish over Trump’s erratic trade war, according to recent surveys. Still, they haven’t cut back and consumer prices have remained somewhat tame.
Businesses have played a key role in keeping the economy afloat, despite persistent economic jitters. For instance, companies mostly have not ramped up layoffs to deal with the cost pressures arising from Trump’s tariffs. Unemployment remains low at 4.2% , and if Americans have a job, then they’re able to spend and save.
Companies have also managed Trump’s confusing onslaught of tariffs through a serious of maneuvers that have, so far, kept inf