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Inflation Expectations Rise: Michigan 5-Year Forecast Hits 3.5% in February
In a surprising economic development, the University of Michigan's 5-year inflation expectations indicator has risen to 3.5% as of February 2025. This marks an increase from the previous month's level...
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Michigan's Inflation Expectations Surge in February: A 1% Increase from Last Year
Michigan’s annual inflation expectations spiked in February 2025, marking a notable rise to 4.3%, up from 3.3% the same time last year. This 1% increase underscores the growing concerns over...
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Michigan's Economic Confidence Wanes in February Amid Uncertain Outlook
The latest update on Michigan's economic conditions portrays a decline in confidence among residents and businesses, as the state's index fell to 65.7 in February 2025, a notable drop from...
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Michigan Consumer Expectations Fall in February, Signaling Economic Caution
The Michigan Consumer Expectations index, a key indicator of economic sentiment among U.S. consumers, demonstrated a downturn in February 2025, highlighting a growing sense of caution about the economic outlook...
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U.S. Existing Home Sales Drop by 4.9% in January Amid Cooling Market Conditions
The U.S. real estate market observed a significant downturn in January 2025, as existing home sales registered a month-over-month decline of 4.9%, according to the latest data released on February...
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Michigan Consumer Sentiment Takes a Hit in February, Falls to 64.7
In a surprising development for economic watchers, the University of Michigan reported a sharp decline in consumer sentiment in February 2025. The index fell from a previous high of 71.1...
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U.S. Existing Home Sales Decline in January, Reaching Lowest Level Since 2024
The U.S. housing market saw a notable downturn as existing home sales fell to 4.08 million in January 2025, marking a decrease from the 4.29 million homes sold in December...
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U.S. Economic Growth Slows as S&P Global Composite PMI Drops in February
The latest data from the S&P Global Composite Purchasing Managers' Index (PMI) indicates a slowdown in U.S. economic growth, as the composite index fell to 50.4 in February from 52.7...
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U.S. Services Sector Faces Setback: PMI Drops to 49.7 in February
The U.S. services sector experienced a notable contraction in February, as indicated by the latest S&P Global Services PMI, which fell to 49.7. This is a significant drop from January's...
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U.S. Manufacturing Sector Sees Slight Boost in February with PMI Uptick
The U.S. manufacturing sector witnessed a modest improvement in February, as indicated by the latest S&P Global Manufacturing PMI data. On February 21, 2025, updates revealed the Manufacturing PMI climbed...
