Ohio Valley Resource – The Ohio Valley’s economy could see slower growth in 2020 amid continued anxiety about trade, and possible downturns in both energy and manufacturing, according to analyses and forecasts by regional economists. Read article.
Michael Hicks directs the Center for Business and Economic Research at Ball State University in Indiana where he forecasts the health of the manufacturing sector. Hicks expects manufacturing to slow down, and he blames the tariffs levied under President Donald Trump’s administration. Hicks said the costs imposed by the trade war are playing out in markets across the region and he predicts the Ohio Valley’s economic growth to slow dramatically in 2020.