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Scottsdale economist's tariff advice: Make some big purchases and then 'wait and see'

A row in the Frys grocery store in downtown Phoenix.
Evelin Ruelas/Cronkite News
A row in the Frys grocery store in downtown Phoenix.

A Scottsdale-based economist says consumers should be wary that domestic prices will continue to rise unless there is a complete reversal of the Trump Administration’s trade policy.

Danny Court with Elliott D. Pollack and Company says there’s been a run on electronics in anticipation. He has this advice:

“Large ticket items or non-perishable items or things like that could be a good game plan, to buy a little bit in advance and then wait and see," Court said.

He says personal budgets will likely have to tighten – and may lead to canceled purchases, like a vacation.

More business news from KJZZ

Jill Ryan joined KJZZ in 2020 as a morning reporter, and she is currently a field correspondent and Morning Edition producer.