Tariff Fears Led U.S. Manufacturers to Trim Spending

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Tariff Fears Led U.S. Manufacturers to Trim Spending
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Tariff fears led U.S. manufacturers to trim spending, a January survey found

WASHINGTON—Trade disputes with China and other countries have led American businesses to cut back on capital expenditures and other spending, a new survey found.

In the survey conducted last month, private-sector companies said increased tariffs and trade tensions have led them to reduce capital expenditures by an average of 1.2%, according to the Survey of Business Uncertainty, a joint project of the Atlanta Fed, Stanford University and the University of Chicago’s Booth School of Business.

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