non-manufacturing

IMF cuts 2025 global growth to 2.8%. US Philly Fed non-manufacturing crashes to -42.7, worst since pandemic lockdowns

*IMF CUTS GLOBAL GROWTH FORECAST TO 2.8% IN 2025, CITING CENTURY-HIGH U.S. TARIFFS — Investing.com (@Investingcom) April 22, 2025 US Philadelphia Fed Non-Manufacturing Activity Apr: -42.7 (prev -32.5). 👇🏼 pic.twitter.com/YwRqrzxYT4 — Kalani o Māui (@MauiBoyMacro) April 22, 2025 U.S. FACES “MANUFACTURED” RECESSION IN 2025, IIF WARNS The IIF expects a policy-driven downturn—not a shock like …

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Not Always Sunny! Philly Fed Non-Manufacturing Survey SCREAMS Stagflation (Powell And Fed Acholytes Descend On Jackson Hole Wyoming)

by confoundedinterest17 It’s NOT always sunny in Philadelphia. Particularly when the Philly Fed non-manufacturing survey screams stagflation (a nauseating combination of economic slowdown and inflation). After a positive surprise in July, Philly Fed’s non-manufacturing survey slumped back into contraction in August (from +1.4 to -13.1). Additionally, while respondents continue to expect a growth over the next …

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