The incoming Trump administration has put forth a wide-ranging agenda, including tariff and tax changes, tightened immigration, and relaxed regulations. Each has the potential to reshape major sectors of the U.S. economy.
How might these policy changes affect GDP growth and inflation, and what could that mean for manufacturers?
There are four possible economic scenarios—from a soft landing to stagflation—that manufacturers should consider as they plan for 2025 and beyond.
