US Manfacturing Survey Signals 3rd Straight Month Of Contraction At 47.8

by
Sharing is Caring!

by confoundedinterest17

Not a great sign for the mighty US economy.

See also  Rising debt signals potential repeat of 1970s double-digit mortgage rates. If gold repeats 1970s parabola move. The largest bull market in history will be in gold.

This morning, the flash PMI for manufacturing printed at 47.8.

Three straight months of print below 50 means … contraction.

See also  NYC Mayor Eric Adams' stance on deportations signals a break from party norms, aligning with Trump and Homan... "Cancel me, I don't care"

Do I say contraction?