slowed.

China has acknowledged that its economic momentum has slowed to the weakest pace in a year. China’s 2008 moment is getting worse.

Beijing said economy grew 4.8% in the third quarter, a deceleration that nonetheless keeps it on track to hit its official annual target https://www.wsj.com/economy/chinas-economic-growth-slows-to-one-year-low-07e36e7b The July-September data was the weakest pace of growth since the third quarter of 2024, and compares with a 5.2% pace of growth in the previous quarter, the government said in …

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Quarterly Growth in “Real” E-Commerce Retail Sales Has Slowed

Authored by Mike Shedlock via mishtalk, Let’s discuss the latest e-commerce sales numbers. Please consider the E-Commerce Retail Sales Report for the second quarter of 2025. The Census Bureau of the Department of Commerce announced that the estimate of U.S. retail e-commerce sales for the second quarter of 2025, adjusted for seasonal variation, but not for price changes, …

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Growth slowed, costs eased, but you’re reducing investments and hiring with worsening outlook.

CHI Fed: manufacturing and service sector growth in Aug was below trend, though not nearly as bad as last year’s lows; while cost pressures decreased, so did planned capital investment and hiring, while outlook deteriorated, now pessimistic on balance: CHI Fed: manufacturing and service sector growth in Aug was below trend, though not nearly as …

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Inflation falls to 2.9%, lower than expectations.‬ Consumer price growth has slowed to its lowest levels in the post-pandemic period.‬ ‪The first interest rate cuts since 2020 should come in September.‬

by TonyLiberty Fed chief Powell to set table for September rate cut at Jackson Hole, but jobs data will set the size Oh yay. Only 2.9% higher than the 4.5% increase last year and the 8.8% higher increase the year before and the 3% before. So we are only 21% higher than 4 years ago. …

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Bloomberg: “Argentina Monthly Inflation Slowed More Than Expected in March”

Consumer prices in March rose 11% m/m versus est. 12.1.% Argentina central bank cut benchmark rate Thursday to 70% Monthly inflation in Argentina slowed more than expected in March, cooling for the third straight print as President Javier Milei’s austerity hurts consumer spending. Consumer prices rose 11% from February to March, less than economists expectations for 12.1%, according …

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Bidenomics Breakfast! Orange Juice Prices UP 47% Under Biden (Even Though Food CPI Has Slowed To 3.69% YoY)

by confoundedinterest17 Even eating breakfast under Bidenomics is more expensive. Particularly if you like orange juice like I do. To save money, I am probably going to have to switch to nasty-tasting Tang. Food CPI is up 3.69% year-over-year. The rate of growth in food prices is slowing. But do I trust BLS data on …

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Bidenomics! US Payrolls Were Likely 306,000 Lower Than Previously Estimated (July Jobs Growth Slowed To 2.2% YoY As M2 Money Growth Slowed To -3.7% YoY)

by confoundedinterest17 Preliminary benchmark revision smaller than some had projected Biggest payrolls adjustment in transportation and warehousing Are you surprised that the Biden Administration has been lying about job creation?? Not really since Biden compulsively lies about everything. Including his corruption. US job growth was probably less robust in the year through March than previously …

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Consumer credit slowed even more in May

Consumer #Credit slowed even more in May, and we saw revisions for March and April that were lower than last month. So, people are taking out less debt in the following forms, which shows a sign of credit contraction. -Auto loans-Home improvement loans-Appliance and… https://t.co/txsBRdV4VR — Micro2Macr0 (@Micro2Macr0) July 15, 2023

China’s exports, a significant contributor to domestic growth, have plunged in recent months as global growth has slowed.

BEIJING — China’s Commerce Ministry on Wednesday said non-economic factors were growing and interfering with the country’s foreign trade which was facing an “extremely severe” situation in the second half of this year. “Some countries’ forceful push for ‘decoupling,’ ‘severing [supply] chains’ and so-called ‘de-risking’ are human-made obstacles blocking normal commerce,” Li Xingqian, the head …

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