Channel 3 News in Chattanooga covered the local impact on costs for consumers and producers following the imposition of tariffs. CRER director Howard Wall had this to say: “Imports from Mexico—you’ll see a lot of increase in prices of foods,” said Dr. Howard Wall, director of the Center for Regional Economic Research at the University…
3/5/2025: Steel Prices in Chattanooga Surge Due to Trade Tariffs: Businesses Face Uncertainty
Interesting story on News Channel 9 about steel prices following tariffs placed on Canada, Mexico, and China featuring CRER director Howard Wall: “Because of uncertainty, firms don’t know what’s going to happen ahead, so they’re hesitating on doing investment and on hiring.” “Chattanooga is a big manufacturing town, and manufacturers here will definitely be harmed…
3/2/2025: Chattanooga Area Bankers Remain Hopeful for the Future Amid Economic Uncertainties
The Chattanooga Times Free Press has an article looking at what local bankers foresee about the upcoming year. CRER director Howard Wall made an appearance in the article describing import tariffs and their negative effects for the national and local economies. Read the story here
2/22/2025: Chattanooga Companies Brace for Trump’s Tariff Plan; Economist Says Costs Will Increase
This Chattanooga Times Free Press article describes the different ways that President Trump’s proposed tariffs will harm local businesses and consumers. The article includes comments from CRER director and chief economist Howard Wall about how costs will be higher for both consumers and producers. “Tariffs are almost entirely passed on to the American purchasers, whether…
2/20/25: Would Raising Tennessee’s Minimum Wage Lead to Job Loss? Economist Weighs In
CRER director and chief economist Howard Wall explained his views during a News Channel 9 story on a proposal to raise the minimum wage in Tennessee. “If it’s costless to just raise the minimum wage, then why don’t you make it $100? Why don’t you just make everyone a millionaire? Right? If it’s a question…