Judging by the headlines, it’s tempting to conclude that a US recession is imminent. Looking at a broad array of macro indicators, by contrast, still leaves room for debate.
Daily Archives: August 5, 2025
Macro Briefing: 5 August 2025
US factory orders fell sharply in June. Orders have now fallen in two of the past three months. New orders contracted 4.8% from May. Excluding the volatile transportation sector, orders rose 0.4%.
