Chris Bangert-Drowns
23 posts
Chris Bangert-Drowns
@CBDecon
Researcher @equitablegrowth focused on workers and trade.
Washington, DC Katılım Temmuz 2025
17 Takip Edilen10 Takipçiler
President Trump inherited an economy on track for years of stable growth but has upended that upward trajectory through volatile trade and foreign policy decisions. Committing to a reliable, narrowly targeted tariff policy would be a big step towards stabilizing the U.S. economy.
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A year ago today, President Trump hiked tariffs to levels unseen in the modern era, celebrating a “Liberation Day” for the U.S. economy. Since then, U.S. tariff policy has remained costly and highly uncertain, weighing on the ability of businesses to grow and hire more workers.
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.@EquitableGrowth will dive deeper into the labor market and macroeconomic effects of Trump’s tariff regime in an upcoming webinar next month. Register to join us here --> web.cvent.com/event/00e47e7b…
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Tariffs are regressive. Consumers bear the brunt of costs, which means (like with any sales tax) low-income Americans pay more as a share of their total income. Replacing the income tax with tariffs would only benefit the rich.
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Businesses continue to face uncertainty in the wake of last week’s SCOTUS decision. In 2025, my research found that the Trump administration’s tariff policy increased input costs for U.S. factories by as much as 4.5%. equitablegrowth.org/tariffs-impact… 🧵
Equitable Growth@equitablegrowth
6/ On the heels of last week’s #SCOTUS decision striking down his authority to impose tariffs without congressional approval, the president talked about how tariffs help the economy. @cbdecon’s research shows U.S. businesses report concern about tariffs and plan to drive up prices. equitablegrowth.org/u-s-businesses…
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Chris Bangert-Drowns retweetledi
In a new analysis, @CBDecon & Chiara Chanoi measure workers’ exposure to AI and assess how it may affect wages.
They find AI exposure is higher among people with higher levels of education who work in high-paying jobs, regardless of gender or race.
🔗: equitablegrowth.org/workplace-expo…
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Chris Bangert-Drowns retweetledi
"One of the very first casualties of this government shutdown is more information about how everyday workers are doing across the U.S. economy.”
More from @MichaelSLinden & @CBDecon on impact of @BLS_gov not releasing its #JobsReport due to the shutdown:
equitablegrowth.org/the-status-of-…
Equitable Growth@equitablegrowth
1/ This (would-be) #JobsDay, but today Equitable Growth dives deeper into the uses of public labor market data, their value to the economy, and the risks associated with their potential destabilization. 🧵 equitablegrowth.org/the-status-of-…
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Technical note: This chart groups sectors by the "import share" measure from my July tariff analysis. The low exposure group has import shares of 0-10%. Medium exposure, 10-20%. High, 20%+. Updated analysis due at the end of September. equitablegrowth.org/tariffs-impact…
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The spike in the "Medium exposure" category was mostly due to higher repair & maintenance employment. BLS publishes detailed industry data with a 1-month lag, so we won't know until October the compositional effects of transportation and r&m subsector employment.
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🧵 Some thoughts and a technical note:
The big drop in the "High exposure" category was largely driven by a big decline (~15,000 jobs) in transportation equipment manufacturing, which the BLS credits in part to strike activity.
Equitable Growth@equitablegrowth
4/ Tariffs are also playing a role in dampening outlooks – EG researcher @CBDecon finds the labor market in high-exposure industries continues to underperform compared to the overall economy, despite an upward revision to some industry employment last month. -END 🧵-
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We updated one of those report graphics for the latest EG jobs day posting, showing a continued decline in employment in highly tariff-exposed industries.
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The full report has some interesting graphics showing how different manufacturing industries (and other sectors of the economy) are exposed to tariffs. equitablegrowth.org/tariffs-impact…
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📻 It was great to be back on @WPFWDC to speak with former colleagues about my new tariff report for @equitablegrowth finding U.S. manufacturing particularly exposed to Trump admin tariff policy. The interview starts around the 36:00 mark --> archive.wpfwfm.org/mp3/wpfw_25081…
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