transporter
Well-Known Member
The Federal Reserve Branch of Texas released its manufacturing survey yesterday:
Texas Manufacturing Expansion Continues, but Outlooks Worsen and Uncertainty Rises
This is third Fed branch to issue a lackluster/weak/negative June report. The other 2 were New York and Philadelphia.
Clearly the economy is slowing...not going into recession...slowing. We are headed right back to where we were before Trump the Inept entered office. The tax cuts have worn off and the tariffs are biting.
28% report tariffs as a negative impact on their business and 44% of those businesses report passing along the cost increases to customers.
Note to comrade GURPS: this is how you post information, directly from the source. It is not hard to do...unless your goal is to be a propagandist...or you are simply too stupid to understand what facts are telling you or too incompetent to know where to look for actual information.
Texas Manufacturing Expansion Continues, but Outlooks Worsen and Uncertainty Rises
This is third Fed branch to issue a lackluster/weak/negative June report. The other 2 were New York and Philadelphia.
Clearly the economy is slowing...not going into recession...slowing. We are headed right back to where we were before Trump the Inept entered office. The tax cuts have worn off and the tariffs are biting.
28% report tariffs as a negative impact on their business and 44% of those businesses report passing along the cost increases to customers.
Note to comrade GURPS: this is how you post information, directly from the source. It is not hard to do...unless your goal is to be a propagandist...or you are simply too stupid to understand what facts are telling you or too incompetent to know where to look for actual information.
