Relevant and even prescient commentary on news, politics and the economy.

The economically weighted ISM indexes for June show continued growth, equipoise in employment, and still strong inflation at the producer level

 – by New Deal democrat The economically weighted ISM manufacturing + services indexes have become one of my favorite datapoints. In particular, in the past year they have been an excellent dashboard for the state of the US economy as a whole, both as a coincident and short leading indicator. Last summer they accurately suggested that […]