- cross-posted to:
- news@lemmy.world
- usa@midwest.social
- usa@lemmy.ml
- cross-posted to:
- news@lemmy.world
- usa@midwest.social
- usa@lemmy.ml
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These kinds of headlines make me lose my mind.
Shrinks by the most in four months? So you mean it was shrinking faster than this 4 months ago? This means nothing and could be true for a healthy economy or one in absolute freefall.
there’s a reason they stopped releasing the numbers
absolutely nothing to see here, folks! America is the “hottest” economy in the world, probably ever!
This is a lagging indicator as well, since factories are only just this year starting to reduce their multi-year backlogs. And let me tell you, those backlogs are reducing fast.
Amazing what can happen when you dramatically raise costs of inputs for the industry.
are we tired of winning yet?
