ODD OUTCOME
10/13/2025 |
While some forecast 25Q3 growth as high as 3.8%, this is undoubtedly due to booming EV sales ahead of the $7,500 tax credit that ended 9/30 and probably a sizable decline in net imports due to tariffs. The negative ADP and LinkedIn employment reports, the seventh straight month of declining manufacturing activity, a stalling service sector, and probably very weak future car sales hardly scream strong growth.