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Economic Update - April 2025
AKAnomics Inc.
Key Takeaways:
US Industrials companies are showing tepid growth in Q1 2025, consistent with a slowing growth trend in recent quarters
In spite of the slowing growth, the dispersion of revenue beat/miss across the 145 companies suggest this metric is increasing from a trough, and indicates a decent regime for stock picking and differentiating among companies within the sector
Most subsectors we track (e.g., Chemicals, Machinery, Distributors, Building/Construction) are showing positive revenue surprise in Q1 2025 except for some (e.g., Transportation, Paper/packaging)
The leading indicators are not yet suggesting a collapse of growth in Q2 2025


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