As President-elect Donald Trump prepares to implement potentially transformative economic policies, uncertainty looms over both the U.S. and California economies. The proposed tariffs are likely to elevate consumer prices and stir inflation, while immigration policies may lead to labor shortages across several sectors. Despite anticipated growth, California’s economy is expected to mirror national trends shaped by these policies, underlining a critical period of economic flux ahead.
UCLA Anderson Forecast: Navigating Economic Uncertainty Ahead of 2025
