USA-Economic Index/Tariffs Concerns

Multiple U.S. economic indexes fall amid tariff concerns

  • English

Shotlist


Beijing, China - Feb 22, 2025 (CCTV - No access Chinese mainland)
1. Screenshot of S and P Global United States Composite PMI
2. Screen shot of Dow Jones index
3. Screen shot of S and P 500 index
4. Screen shot of NASDAQ index

FILE: Ohio, USA - Date Unknown (CGTN - No access Chinese mainland)
5. Various of workers in auto glass production factory

FILE: Georgia, USA - 2018 (CGTN - No access Chinese mainland)
6. Various of beer production line

FILE: New York City, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
7. Various of New York Stock Exchange (NYSE) building, national flags of U.S., flag of NYSE
8. Various of buildings, traffic, pedestrians
9. Various of port, Statue of Liberty

FILE: Washington D.C., USA - Jan 20, 2025 (CCTV - No access Chinese mainland)
10. Various of White House, traffic
11. Various of Capitol building, traffic

Storyline


Several economic indexes of the United States revealed on Friday went down, as investors expressed concerns over the Trump administration's tariffs plans.

The S and P Global U.S. Composite PMI, which gauges activity in the manufacturing and services sectors, went down to 50.4 in February, below the reading of 52.7 in January, according to results of surveys published on Friday.

Chris Williamson, chief business economist at the S and P Global Market Intelligence, said the decline shows that businesses are generally concerned about the potential impact of U.S. government policies, including changes in tariffs and domestic spending cuts.

On the same day, the Consumer Sentiment Index released by the University of Michigan (UM) Surveys of Consumers fell to 64.7 in the February 2025 survey, down from 71.7 in January and at its lowest reading since November 2023.

As weaker-than-expected economic data raised concerns over inflation and growth, the U.S. stocks suffered deep losses on Friday.

The Dow Jones Industrial Average fell 748.63 points, or 1.69 percent, to 43,428.02. The S and P 500 sank 104.39 points, or 1.71 percent, to 6,013.13, and the Nasdaq Composite Index shed 438.36 points, or 2.20 percent, to 19,524.01.

DOWNLOAD
  • ID : 8417186
  • Dateline : Feb 21, 2025/Recent/File
  • Location : United States
  • Category : Data
  • Duration : 1'40
  • Audio Language : Nats/Part Mute
  • Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Published : 2025-02-22 20:56
  • Last Modified : 2025-02-22 20:59:44
  • Version : 2

USA-Economic Index/Tariffs Concerns

Multiple U.S. economic indexes fall amid tariff concerns

Dateline : Feb 21, 2025/Recent/File

Location : United States

Duration : 1'40

  • English


Beijing, China - Feb 22, 2025 (CCTV - No access Chinese mainland)
1. Screenshot of S and P Global United States Composite PMI
2. Screen shot of Dow Jones index
3. Screen shot of S and P 500 index
4. Screen shot of NASDAQ index

FILE: Ohio, USA - Date Unknown (CGTN - No access Chinese mainland)
5. Various of workers in auto glass production factory

FILE: Georgia, USA - 2018 (CGTN - No access Chinese mainland)
6. Various of beer production line

FILE: New York City, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
7. Various of New York Stock Exchange (NYSE) building, national flags of U.S., flag of NYSE
8. Various of buildings, traffic, pedestrians
9. Various of port, Statue of Liberty

FILE: Washington D.C., USA - Jan 20, 2025 (CCTV - No access Chinese mainland)
10. Various of White House, traffic
11. Various of Capitol building, traffic


Several economic indexes of the United States revealed on Friday went down, as investors expressed concerns over the Trump administration's tariffs plans.

The S and P Global U.S. Composite PMI, which gauges activity in the manufacturing and services sectors, went down to 50.4 in February, below the reading of 52.7 in January, according to results of surveys published on Friday.

Chris Williamson, chief business economist at the S and P Global Market Intelligence, said the decline shows that businesses are generally concerned about the potential impact of U.S. government policies, including changes in tariffs and domestic spending cuts.

On the same day, the Consumer Sentiment Index released by the University of Michigan (UM) Surveys of Consumers fell to 64.7 in the February 2025 survey, down from 71.7 in January and at its lowest reading since November 2023.

As weaker-than-expected economic data raised concerns over inflation and growth, the U.S. stocks suffered deep losses on Friday.

The Dow Jones Industrial Average fell 748.63 points, or 1.69 percent, to 43,428.02. The S and P 500 sank 104.39 points, or 1.71 percent, to 6,013.13, and the Nasdaq Composite Index shed 438.36 points, or 2.20 percent, to 19,524.01.

ID : 8417186

Published : 2025-02-22 20:56

Last Modified : 2025-02-22 20:59:44

Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)

Restrictions : No access Chinese mainland

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