Utilizing data from Yale Budget Lab, the Top 20 Commodity Price Changes from all 2025 tariffs are outlined in the chart below. These include “reciprocal” tariffs from April 2, 2025.
The largest change is the category Leather Products (gloves, handbags, etc) at 18.3%, following by Wearing Apparel (clothing and shoes) at 16.9% and Crops (primarily industrial crops) at 13.3%.
The number of mentions of the terms Recession and Stagflation in the news (as measured by story count of all news outlets) over the past year are outlined in the chart below.
On Friday, April 4, 2025, the number of mentions of Recession had 21,228 mentions compared to Stagflation mentions at 2,717.
