{
  "HubID": "5260",
  "Date": "5/21/2025",
  "HubTags": [
    "External Platform Posts",
    "Future Map"
  ],
  "Contacts": "",
  "Companies": "",
  "File": "",
  "Image": "5260__Image_URL.jpg",
  "Summary": "<p>This is a powerful visualization gong back to 1968.  The back line shows expectations of new orders over the next 6 months.  The red line is the monthly change in standard deviations/z-score.  May 2025 showed the strongest positive increase ever of 4.3, compared to the most extreme negative drop of -4.1 in 2008.  What does the May number mean?  Not much, I think.  It was a response to tariffs easing, against a backdrop where no orders were flowing at all, and the need to rush new ones in under the 90-day window.  A temporary bump in the continuation of an anemic economy that is trending down.  This is not the start of something new and sustained.  </p>",
  "Notes": ""
}