Bleak outlook from Poll saying 59% of Manufactures see Inflation leading to Recession

Rev 6:6 NAS “And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

Important Takeaways:

  • Poll: Nearly 60% of U.S. Manufacturers See Inflation Leading to Recession
  • Almost six in ten American manufacturers believe ongoing inflation will lead to a recession in the United States, a new survey from the National Association of Manufacturers (NAM) finds.
  • In the latest NAM survey, more than 59 percent of American manufacturers said they believe inflation is likely to spur a recession in the United States
  • 52 percent said they do not believe the Federal Reserve will be able to avert a recession

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