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6th Aug 2025 12:34USDaily Monitor

  • This year’s consumer slowdown has little to do with worries about taxes, more with trade and tariffs.
  • The recent recovery in sentiment reduces recession risk, but the outlook for spending still is dim. 
  • Rising continuing claims reinforce the idea that the labor market has loosened materially. 

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Keywords for: 8 August 2025 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence