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

Second Quarter 2024, U.S Manufacturing Report

I chose this particular period to present as it depicts the impact of pandemic. It also shows the results of President Biden’s economic stimulus targeting manufacturing. And yes, you can also see the impact of the FED on the economy and their actions to normalize growth. It is a simple read. Yes, there is some […]

ISM weighted mfg.+ non-mfg. indexes warrant hoisting a yellow caution flag for the economy

 – by New Deal democrat I’ll spare you the introductory graphs this month, but let me reiterate my opening comments from last month: I never used to pay much attention to the ISM non-manufacturing report. That is partly because it only has a 20 year history, and partly because it seems to be more coincident […]