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Numbers Matter Shorts: ‘The Great Disturbance’

Plastics News Economics Editor Bill Wood describes the current economic climate as “The Great Disturbance,” marked by sharp contrasts between soft and hard data. While consumer and business confidence has dropped since new tariffs were announced, key economic indicators like employment and inflation remain stable. A spike in imports distorted GDP data, as businesses rushed to buy goods ahead of the tariff implementation. Wood warns that volatility will continue, but he says it’s too early to call a recession.

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