The latest economic report reveals a stark decline in production value, plummeting to April’s levels. This significant drop of 12.4% is a concerning sign for the economy. Furthermore, mining value has reached its lowest point this year, indicating a potential slowdown in this crucial sector.
Meanwhile, the top four sink categories have returned to their pre-May levels, suggesting a stabilization in these key areas. However, it’s worth noting that the Manufacturing Production Index (MPI) showed a 1.01% increase from May, marking the first uptick since March. This small glimmer of hope may indicate a slight recovery on the horizon.
These statistics paint a mixed picture of the economy’s current state, with some areas showing signs of decline and others hinting at potential growth. As the economic landscape continues to evolve, it will be crucial to monitor these key indicators for any further changes or trends.
Big Pippin’
@MrTradesworth
·
22h BREAKING: The Federal Reserve’s balance sheet declined by -$13 billion in June, to $6.66 trillion, the lowest since April 2020.
Over the last 3 years, the Fed has reduced its asset holdings by -$2.31 trillion, or -26%.
During this period, the value of …
Andrew Grant
@AndrewRantAG
·
Jul 8 Active listing + 28% in June (year-over-year).
1 out of 5 listings saw a price reduction in June.
Frustrated sellers are delisting – delistings are up 31% from a year ago.
Thread>>>
@SimonettiLauren
@Varneyco
@DavidAsmanfox
@VladTheInflator
Jack Straw
@JackStr42679640
·
Jul 10 US Dollar Posts Worst Drop in 50 Years – Last Seen Under President Richard Nixon
The US dollar index fell by 10.7% in June – the worst performance since 1973.
Investors are seeking new safe-haven assets – and the dollar no longer looks like one after sanctions and tariffs.
TifaniesweTs
@TifaniesweTs
·
Jul 9 US Dollar Posts Worst Drop in 50 Years – Last Seen Under President Richard Nixon
The US dollar index fell by 10.7% in June – the worst performance since 1973.
Investors are seeking new safe-haven assets – and the dollar no longer looks like one after sanctions and tariffs.
MM
Daniel Foch
@daniel_foch
·
Jul 4 Steady grind down for GTA real estate:
GTA June home sales down slightly (2.4%)
Prices down: -5.4%
Supply up slightly – +7.7%
Inventory (active listings) up a whopping 30.8%
Properties taking longer to sell – DOM up 30-40%
No surprises here. Steady as she goes.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
