Tariffs, Interest Rates, Inflation and a 2025 Manufacturing Outlook w/ Daniel Doderer

The Manufacturing Executive · 4 Mar 2025 · 32m · Episode 247

What this episode covers

Daniel Doderer, Research Director at Flack Global Metals, discusses the 2025 manufacturing outlook, focusing on the impact of new tariffs on steel and aluminum, the persistence of higher interest rates, and the resulting wage pressures. He explains how domestic steel producers are raising prices ahead of tariff implementation and warns that restrictive immigration policies could exacerbate labor shortages and trigger a wage-price spiral. Doderer also highlights data showing that nearly 10% of construction spending is now directed toward manufacturing, signaling a structural shift in the US industrial base.

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