Economic uncertainty leading to a steep drop in US industry
Date: 15 May
The US saw the largest forecast downgrade in our most recent industrial update. Policy uncertainty and financial market volatility are expected to weigh heavily on business investment, particularly in equipment and structures. In addition, the tariffs are expected to lead to a sharp increase in goods prices and import costs for US manufacturers. In the Webinar, Matthew Martin and Nico Palesch discuss the latest US macroeconomic forecast and the impact on US industry, tech, and construction.
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Matthew Martin
Senior US Economist
+1 (862) 2071363
Matthew Martin
Senior US Economist
New York, United States
Matt is a Senior US Economist at Oxford Economics. He produces commentary on high frequency data including trade and inflation and contributes to the forecasting of the US economy. Matt’s research has focused on creating proprietary data to measure the health of economy.
He has a masters degree in economics from New York University, and a bachelors degree in international business and economics from the University of South Carolina.
Nico Palesch
Senior Economist
+44 203 910 8000
Nico Palesch
Senior Economist
London, United Kingdom
Nico is a Senior Economist within Oxford Economics’ Global Industry Service where he is responsible for monitoring and forecasting developments in the transportation & logistics sector, writing industry-related reports and research notes on sector-specific and cross-sector themes and issues, overseeing and expressing the house-view on industrial developments in our monthly publications, and working on bespoke consulting projects.
Nico holds a BSc Joint Honours Political Science and Economics from the University of Ottawa and an MSc Economics from the London School of Economics and Political Science, achieved with distinction.
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