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progree

(11,834 posts)
Mon Apr 21, 2025, 12:18 PM Monday

US leading indicator declines sharply in March amid tariffs

Source: Reuters via Yahoo Finance

WASHINGTON (Reuters) -A gauge of future U.S. economic activity fell sharply in March, potentially flagging tepid growth this year amid tariffs.

The Conference Board said on Monday its Leading Economic Index dropped 0.7% last month after decreasing 0.2% in February. Economists polled by Reuters had forecast the index sliding 0.5%. It fell 1.2% in the six-month period ending in March after contracting 2.3% in the prior six months.

"March's decline was concentrated among three components that weakened amid soaring economic uncertainty ahead of pending tariff announcements," said Justyna Zabinska-La Monica, senior manager, business cycle indicators at The Conference Board.

Zabinska-La Monica was referring to consumer expectations, stock prices and new manufacturing orders.

Read more: https://finance.yahoo.com/news/us-leading-indicator-declines-sharply-142555074.html

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dutch777

(4,298 posts)
1. Yep, no one wants to buy American or visit. That can easily be 5% off GDP. US markets today already down 2.5%+.
Mon Apr 21, 2025, 12:26 PM
Monday

When you buy an existing business, one of the things that gets valued into the price is called good will. It cannot be precisely measured in many businesses/brands but it is the value of the good name and history of the enterprise and negotiating business brokers call it out as stand alone dollar value in many deals. Trump has managed to take the value of US good will and drive it from quite high to ZERO in record time. Assuming we ever return to sanity, even good future administrations will take decades to rebuild it, if it is even possible.

SWBTATTReg

(25,182 posts)
2. The dominoes continue to fall as the Moron's so-called Economic Fix to the Economy (when none was needed at all)
Mon Apr 21, 2025, 01:40 PM
Monday

continues to thrash about, doing nothing but continuing to destroy both consumer and investor confidence, and bring back the ugly evil of higher inflation and shortages of goods.

Again, tRUMP has proven that he can single-handedly destroy both consumer and investor confidence with his stupid bias on the gee whiz wonder of 'Tariffs', the "Solve All to the Nation's Ills." Not true. $6.4 trillion dollars dropped by investors running away from equity issues in the markets prove that a lot of people DO NOT BELIEVE DJT at all.

And the US Dollar is under siege, people overseas no longer see the Dollar as a safe harbor (and we don't either, the MORON single-handedly destroyed that thought.

Dollar for dollar, tariffs are a tax on every American consumer. If tariffs are $5000 on a car, that car is going to cost us $5000 more. If a gallon of gas costs $5 and w/ tariffs now cost $10 (doubling in price), guess what? Everything relying on the price of gas in this Country will be negatively impacted. Our paychecks will buy less. Our groceries will cost more. That vote for djt the MORON just got a lot more expensive.

And to be clear about this, Economists are already tracking this, but I don't know if they're tracking the uncertainty of the Economy now, w/ the tit for tat tariff war going on. In any event, I think a lot of people have stopped buying big-ticket items at the minimum, and perhaps even more (reduced the buying of everything), because everyone is up in the air and uncertain about this idiot.

He's done more damage to this Country than a war would have done. Who else has cost our Country over a minimum of $6.4 Trillion Dollars? Who? How does a moron get such power? He should have never, ever, had this power.

flamingdem

(40,372 posts)
3. Okay. ONE person did this to us
Mon Apr 21, 2025, 02:51 PM
Monday

This indicates that the system is incredibly weak.

Changes have to come and fast.

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