trade war

Becca Schimmel

The Ohio Valley’s economy could see slower growth in 2020 amid continued anxiety about trade, and possible downturns in both energy and manufacturing, according to analyses and forecasts by regional economists.

Michael Hicks directs the Center for Business and Economic Research at Ball State University in Indiana where he forecasts the health of the manufacturing sector. Hicks expects manufacturing to slow down, and he blames the tariffs levied under President Donald Trump’s administration. Hicks said the costs imposed by the trade war are playing out in markets across the region and he predicts the Ohio Valley’s economic growth to slow dramatically in 2020.


Becca Schimmel | Ohio Valley ReSource

A Western Kentucky University economist said global trade issues increasingly have an impact on farmers and business in places like southern Kentucky.

Brian Strow, a professor of Economics and the BB&T Professor for the Study of Capitalism at Western Kentucky University, said farmers are especially reliant on a healthy global economy, and have been closely following news concerning U.S. trade policy with China and the European Union.


Liam Niemeyer

Tom Folz drives around on a sunny, August afternoon and surveys the thousands of acres of dark green, leafy soybean plants and tall stalks of corn he grows on his sprawling farm in Christian County, Kentucky.

At 54, Folz has wispy, white hair matching his white mustache. It’s taken him several long work weeks to get his crop to where it is today.

“You got to be a little bit ‘off’ to be a farmer,” Folz said. ”You don’t get to enjoy anything during harvest and planting season because we’re working.”