Analyzing the depth & duration of the contraction in US manufacturing production and employment.
Great work!
Glad you liked it!
I will say that on the last 3 NFP print, manufacturing payrolls have been down on a rate of change basis. Small (0.1%-0.4%) but down. Construction NFP still hanging in there for now. P.S. I love your framework on thinking about the economy
Eric as insightful, easy to understand, and compelling as usual
Thank you!
Always looking forward to your posts Eric, comprehensive, transparent and straight to the point. Keep up the good work!
Great work!
Glad you liked it!
I will say that on the last 3 NFP print, manufacturing payrolls have been down on a rate of change basis. Small (0.1%-0.4%) but down. Construction NFP still hanging in there for now. P.S. I love your framework on thinking about the economy
Eric as insightful, easy to understand, and compelling as usual
Thank you!
Always looking forward to your posts Eric, comprehensive, transparent and straight to the point. Keep up the good work!