2025年全球工业“一场奇特的反弹”

华尔街见闻
Feb 25

2025年的全球制造业没有按“贸易冲突=工业衰退”的剧本走。摩根大通把这一年的韧性拆成几条线索:全球工业产出(IP)在经历2022-2024的低迷后重新抬头,且在贸易摩擦最激烈的阶段,商品部门反而跑赢服务业。 据追风交易台消息,摩根大通全球经济研究团队的Joseph Lupton在24日中的研报中表示,2025年的工业表现“打破了与GDP的历史紧密关系”。这也是整篇研报最想解释的“反常”:为什么...

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