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Tag: recession

US manufacturing shrinks for first time in 3 years

Overall, consumer spending is OK for now, and the White House mixed its statistic together with manufacturing declines to mitigate the manufacturing recession - five months of declines.

US Trade policy and Brexit pose major risks for European economy...

Brussels stated on Wednesday that it was reducing economic growth forecasts for the EU, emphasizing the risk posed by "any further escalation of trade tensions".

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