The chart tells the whole story
New orders in manufacturing
August 2025 (in real terms, provisional):
-0.8% on the previous month (seasonally and calendar adjusted)
+1.5% on the same month a year earlier (calendar adjusted)
July 2025 (in real terms, revised):
-2.7% on the previous month (seasonally and calendar adjusted)
-3.3% on the same month a year earlier (calendar adjusted)
Our last, best hope of averting systemic environmental collapse is to use the peculiarities of complex systems to trigger cascading political regime shifts. Read here Wikimedia Commons Creative Commons Attribution-Share Alike 4.0 International
How you create a recession. Read Here
In 1967, Milton Friedman launched a counterrevolution in economics that overturned the Keynesian theory of inflation. Three years later, economist James Tobin issued a powerful theoretical rebuttal — but in the economics mainstream, it’s been […]
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