BLOOMBERG Bloomberg Markets Americas July 12, 2024
Lets break down the data. The ism manufacturing number has come in at 43. 1. That is shy on the consensus, which was 43. 8, but ahead of where we thought things would be at bloomberg economics. The headline number is a bit of ordersaly because of the and the duration of orders component, which messes things up a bit. That number is coming in as expected. The employment numbers picked up as well, and the prices paid number picked up strongly. Lets get a look at what this means for the u. S. Economy. Giving us that assessment is that shes shot is ashish shah. From Goldman Sachs. Lets talk about ...