Nationally, the U.S. has been on an economic roller coaster this year as President Donald Trump threatens tariffs on countries across the globe, raising the prospect of higher prices for consumers and businesses and increasing fears of a recession.

At a Federal Reserve meeting this month, officials “agreed that the risks of higher inflation and higher unemployment had risen,” minutes released Wednesday show.

All told, local business leaders’ view of U.S. economic conditions “nosedived,” and their view of conditions in Nevada “also sank,” the center reported.

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