Posted on 05/16/2025 8:40:03 PM PDT by NoLibZone
Future New Orders forecasts the change in new orders over the next six months for reporting manufacturing firms.
The diffusion index is calculated by taking the percent reporting increases and subtracting the percentage reporting decreases.
better than a poke in the eye with a sharp stick.
The orders bounce up & down but mostly are all to the + side.
Trump would agree!
The headline is click bait. On the time scale presented, diffusion is volatile, but has certainly been higher in the past.
About the only remarkable characteristic of the recent data is the narrowness of the V-shape.
Yes, the recovery is very fast, but the crisis that caused it was entirely contrived (tarrifs) and was always under considerable control by the administration.
I am not saying we did not need a reset, I believe we did and do need one, but the timing and duration were under significant control.
Trump just drummed up $12 trillion in business over in the Mideast. Things are going to be hopping soon.
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