by Same pattern: Also same pattern of covid dip, recovery, then weakness most recently: US Factory Growth Slows in July The ISM Manufacturing PMI fell to 59.5 in July of 2021, the weakest in 6 months, compared to 60.6 in June and below forecasts of 60.9. New orders, production, and supplier deliveries increased less and inventories contracted. Meanwhile, employment rebounded and price pressures eased. Looks like price hike mode?
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WARREN MOSLER considers the following as important: Economic Releases
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WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages
WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices
WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits
WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production
Same pattern:
Also same pattern of covid dip, recovery, then weakness most recently:
US Factory Growth Slows in July
The ISM Manufacturing PMI fell to 59.5 in July of 2021, the weakest in 6 months, compared to 60.6 in June and below forecasts of 60.9. New orders, production, and supplier deliveries increased less and inventories contracted. Meanwhile, employment rebounded and price pressures eased.
Looks like price hike mode?
