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Home2025August

New data from the Bureau of Economic Analysis show that inflation ticked down in July. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew at an annualized rate of 2.4 percent in July, down from 3.5 percent

In early 2025, National Review reported that lobbying expenditures on tariffs had jumped an astonishing 277 percent over the prior year. Trade associations and industry groups flooded Washington with petitions, exemption requests, and campaign checks.  Steel companies, electronics firms, and agribusinesses weren’t suddenly struck by patriotism

In early 2025, National Review reported that lobbying expenditures on tariffs had jumped an astonishing 277 percent over the prior year. Trade associations and industry groups flooded Washington with petitions, exemption requests, and campaign checks.  Steel companies, electronics firms, and agribusinesses weren’t suddenly struck by patriotism