FEDS Note: Which states are most exposed to tariff increases? A new measure based on the consumption channel

FEDS Note: Which states are most exposed to tariff increases? A new measure based on the consumption channel →

Nick Heyman, Colin J. Hottman , and Ryan Monarch This note examines the heterogeneous exposure of states in terms of their consumption of direct consumer goods imports, which is an important channel through which states are exposed to incre…