
The Kobeissi Letter|May 01, 2025 18:03
BREAKING: The Dallas Fed Manufacturing Index dropped 19.5 points in April, to -35.8, the lowest since the 2020 pandemic.
This was well below expectations of -14.2 points.
New orders fell 19.9 points, to -20.0, the lowest since November 2022.
Companies’ outlook fell 17.6
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