Industry points to lower GDP

Economic Analysis, May 18th, 2025

There’s nothing left but to keep documenting the decline—this time in the industrial sector. Next week we’ll have the data on services and GDP, no longer in its early estimate, but in its preliminary version. As usual, we don’t know exactly what the number will be, but it’ll be around zero, as you might imagine. In fact, the industrial data for March, w…