
The Kobeissi Letter|6月 19, 2025 17:41
BREAKING: The US economic surprise index dropped to -23 points on Tuesday, the lowest in 9 months.
The economic surprise index measures economic data coming in above or below consensus estimates.
Outside of 2024, this marks the largest decline in 3 years.
This month, industrial production, retail sales, ISM Manufacturing, and Services PMIs have all come in below expectations.
Data continues to suggest slowing economic activity in the US.