Business forecast: Economic uncertainty deepens as tariffs, slowing job growth and rising delinquencies pressure Valley outlook

Business forecast: Economic uncertainty deepens as tariffs, slowing job growth and rising delinquencies pressure Valley outlook

California’s Central Valley faces rising recession risks as tariffs, slowing employment growth and heightened financial stress continue to weigh on business and consumer confidence, according to the Fall 2025 San Joaquin Valley Business Forecast produced by Gökçe Soydemir, the Foster Farms endowed professor of business economics at Stanislaus State.