US ISM manufacturing just printed 52.6, highest in the last 40 months. Heavy truck sales crash 32 percent. The recession indicator nobody’s watching just collapsed 32%.
10Y moving higher in hot patch of economic data this morning pic.twitter.com/aaJ7AJh615 — Don Johnson (@DonMiami3) February 2, 2026 US ISM Manufacturing PMI came in at 52.6% vs 48.5% expected. The US economy has entered the expansion phase. — Ted (@TedPillows) February 2, 2026 Do not confuse the increase in shipping rates as being bullish …