Bruce Yandle's economic outlook report

Is America headed for a new golden age—or just deeper into economic uncertainty?

Our resident economist Bruce Yandle has looked into his crystal ball, heavily augmented with statistical research, to produce his quarterly Economic Situation report, published by the Mercatus Center at George Mason University.

Here are the key takeaways:

• The U.S. economy contracted by 0.3% in the first quarter, with tariff-driven import surges contributi…