Economic Results & Outlook

The US economy, as dictated by quarterly GDP, rebounded by 3.0% for Q2, after a slight contraction in Q1. Inflation rose slightly in the past month, depending on which analysis is reviewed, as many eyes remain on the Fed and their rate decisions as well as the impact of tariffs on consumer spending and outlook. Businesses have recently chimed in on the impact of trade and tariffs, as many large, global and public chemical firms revise forecasts and profit outlooks amongst tariff impacts and potential slower demand.

To read more: https://www.reuters.com/en/basf-warns-weaker-chemical-demand-amid-us-tariff-effects-2025-07-30/?utm_source=chatgpt.com