China's economy is slowing

This chart shows the change over six months in China's volume of industrial production.   The recovery which began in mid-2024 has aborted, ...

Stagnation continues in Big-5 in January

 There was a slight uptick in the big-5 whole economy PMI in January (provisional data), but the trend remains down.  All three PMIs remain ...

Dear Goddess, this will play havoc with markets. Trump is *insane*

Recession, here we come.

https://www.youtube.com/watch?v=KckGHaBLSn4

#EconDon #Republicans #Economy

Statement by Federal Reserve Chair Jerome H. Powell

YouTube
US labour market still weak

 The BLS labour market data for December were released overnight (my time zone).   Payrolls continue to slide. The ADP data only cover the p...

No reason to raise rates in Australia

Australia's official inflation rate fell in November.  By the way, our CPI data are now monthly.  Previously, the official indices were quar...

Europe's PMI turns down

The dotted lines show the PMI indices for manufacturing/services for the Euro Area, each extreme-adjusted (by me) to remove "spikes".  The s...

US manufacturing weakens

 As always, if you average two (statistically) independent time series, the standard deviation of the average is less than either of its com...

Philly Fed and Empire State turn down

I mentioned this indicator (the average of the Philly Fed and Empire State surveys), recently.  It only covers part of the US, and is "spiky...

Another leading indicator plunges

This has been a reliable leading indicator of the economy for nearly 60 years (see So, Happy Campers, a recession ?)  Heavy truck sales are ...

The US economy hits the brakes
Here's another indicator for the USA, showing how a recovery began, but has died.

https://volewica.blogspot.com/2025/12/the-us-economy-hits-brakes.html

#EconDon #Economy

The US economy hits the brakes

 Here's another indicator for the USA, showing how a recovery began, but has died. The series depicted is my own US coinciding index, which ...