- The Dallas Fed's latest manufacturing outlook survey showed sentiment has take a steep dive in the last month, plunging into negative territory, with executives flagging President Donald Trump's tariff policies as a top source of concern. That's in line with a range of other indicators that show economic activity and consumer confidence is worsening.
Most of President Donald Trump's tariffs have not taken effect yet, but they have spooked business executives, even in parts of the country that helped put him back in the White House.
