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The International Monetary Fund (IMF) released updated economic forecasts in late October. Global GDP (inflation-adjusted) is predicted to expand 3.2% in 2025. This suggests a growth environment similar to what was experienced in 2023 and 2024 (3.3% in 2023 and a forecast of 3.2% for 2024).

Join us for the latest CottonWorks™️ webinar, Unlocking the Potential of Natural Dyes for Cotton, and explore the rich history, evolution, and modern applications of natural dyes in cotton textiles.

Cotton benchmarks were flat or higher over the past month.

The Federal Reserve lowered interest rates by half a percentage point last month. The decrease represented a policy reversal, ending the cycle of rate increases that began in March 2022. During that period, the Fed lifted rates from effectively zero to levels over five percent. This was the steepest set of rate increases since the 1980s.