The Expectations Index, which shows the short-term outlook for income, business, and labor market conditions, decreased from 82.2 to 72.9. Numbers below 80 usually signal a recession ahead. The report…
Tag: financial market
U.S. Jobless Claims Surge, GDP Growth Slows, and Durable Goods Orders Rebound
Durable Goods Orders Rebound in January New orders for manufactured durable goods rose by 3.1% to $286.0 billion in January, following two consecutive monthly declines. The $8.7 billion increase was…
China NBS Manufacturing PMI Rebounds in February as US Tariffs Loom
Notably, the manufacturing sector expanded after briefly contracting in January, the first contraction since Q3 2024. Manufacturing Recovery and Industry Trends CN Wire highlighted key trends in February’s PMI data:…
German Consumer Sentiment Sinks on Income Expectations; EUR/USD Holds Losses
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