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OECD Cuts Global Growth Forecast In Light Of Tariff Threat | ZeroHedge

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Post published:04.06.2025
Post category:ECONOMICS
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The global economy is projected to grow slower than previously expected this year, as the trade war started by the Trump administration has shaken business and consumer confidence, created a lot of uncertainty and added to inflationary pressures as prices are all but certain to rise in the current high-tariff environment.

As Statista's Felix Richter reports, in its latest Economic Outlook, published on Tuesday, the OECD slashed its global growth forecast for 2025 from 3.3 percent (more…)

US Labor Market JOLTed By Sharp Rebound As Job Opening Rise, New Hires Surge | ZeroHedge

Post author:bitcointalk
Post published:03.06.2025
Post category:ECONOMICS
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One month after the BLS reported that in March the labor market reverted to its deteriorating trendline, when the US sported some 7.192 million job openings (revised to 7.2 million), a drop from 7.480 million in February, moments ago the latest JOLTS report showed that in April the labor market unexpectedly stabilized with the number of job openings rising sharply by 191K, the biggest increase since January's 254K, and above estimates of a 7.1 million print.

According to (more…)

US Factory Orders Plunged In April | ZeroHedge

Post author:bitcointalk
Post published:03.06.2025
Post category:ECONOMICS
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After surging in March – tariff-frontrunning dominated with the largest MoM rise since July 2020 – US Factory Orders tumbled 3.7% in April (worse than the 3.2% MoM decline expected). Also, the 4.3% rise in March was revised down to a 3.4% MoM rise…

Source: Bloomberg

The MoM drop was the biggest since Jan 2024 as tariff-frontrunning faded, dragging the headline orders down to just +0.9% YoY.

Core Factory Orders (excluding the more volatile Transportation sector) fell for (more…)