Federal Reserve Bank of Cleveland: Survey - Regional Companies Said Tariffs Would Raise Costs, Lower Demand
April 23, 2025
April 23, 2025
CLEVELAND, Ohio, April 23 -- The Federal Reserve Bank of Cleveland issued the following news release:
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Survey: Regional companies said tariffs would raise costs, lower demand
Many companies in the Cleveland Fed's District said tariffs would raise their costs and lower demand, according to a new report summarizing the results of several tariff questions included in the February round of the Survey of Regional Conditions and Expectations (SORCE).
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Survey: Regional companies said tariffs would raise costs, lower demand
Many companies in the Cleveland Fed's District said tariffs would raise their costs and lower demand, according to a new report summarizing the results of several tariff questions included in the February round of the Survey of Regional Conditions and Expectations (SORCE).