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14th Apr 2025 08:58USDaily Monitor

  • Pre-tariff purchases of auto and other durable goods imply a strong headline retail sales number...
  • ...But real spending on goods looks set to slump over the next few quarters.
  • Tariff exemptions for tech leave the gloomy big picture for the broader economy little changed.

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Keywords for: 15 April 2025 US Monitor

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