>>514769436
Seeing any contraction like this is a huge red flag. And Q2 2025 was only as high as it was because companies were rushing to import more goods to dodge tariffs. Which obviously will not be sustained into Q3. Q3 forecast admittingly predict GDP at 3.0%. But then again they also predicted Q1 to be 3.3%.

If you aren't a MIGA you should know what massive tax increases (as tariffs) is going to do to consumption and what that ultimately means for GDP. We're already feeling the effects but the numbers will of course have a lag.