17 Jul, 2026
5 mins read

Does NY Fed Manufacturing Index’s Plunge Signal US Recession? – Beragampengetahuan

The sharp drop in the New York Federal Reserve’s Empire State business-conditions index in January triggered a wave of warnings. Soon after this monthly survey data was released yesterday (Jan. 16), social media and beyond lit up, warning that this was a smoking gun for the US economy’s imminent descent into recession, assuming output hadn’t […]