NAM Economist: Strong U.S. Dollar Continues to Impact Earnings, Exports

Chad Moutray, chief economist for the National Association of Manufacturers, reports the U.S. dollar has risen 8.4% since January 2018 against other major currencies. He notes that a strong dollar continues to be a challenge for manufacturers’ earnings and export growth, but also pointed out the U.S. dollar has fallen 1.6% so far in October. 10/22/2019