Property Advertisement - AMO Residence for sale!

Property Advertisement - AMO Residence for sale!
Click on the banner for more details.

Search This Blog

Sunday, August 7, 2022

Updates on recent economic indicators.


From the data above, we can conclude that the US PMI will continue to trend lower and the US economy will continue to slow down further.

Furthermore, consumer demand has been destroyed by sky-high inflation as portrayed by the declines in semiconductor sales.  Chip sales are a reliable indicator because chips are used ubiquitously in devices and equipment.  The world economy looks set to decline because chip sales growth is a precursory indicator.

The real final sales growth had declined after removing the inflation factor.

Furthermore, the collapse in consumer demand has caused inventories to build up rapidly.

The S&P EPS is projected to fall because of the collapse in consumer demand.

In conclusion, the future economic growth is bleak as indicated by the latest economic data.

No comments: