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Paychex Thrive Week in Review: GDP, Inflation, Tariffs, and Jobs Muddle Economic Outlook

Aug 8, 2025
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Get the insights you need to help your business manage all this uncertainty while staying optimistic about the future.

This week, I break down the mixed signals in the economy, from promising growth to inflation and unexpected job market revisions. People are now feeling the effect of tariffs — I review how they’re impacting prices and what it means for small business owners. Plus, some good news from OSHA’s updated penalty reductions.

Listen HERE

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Gene Marks
Gene Marks

Written by Gene Marks

Columnist on smallbiz, economy, public policy, tech for The Guardian, The Hill, Philly Inquirer, Wash Times, Forbes, Entrepreneur. Small Business owner and CPA