FYI: The weather may be cooling off, but today’s ISM Manufacturing report for August came in hot. While economists were expecting the headline reading to come in at a level of 56.5, the actual reading came in at 58.8. That’s the highest reading since April 2011! It may not be the largest share of the US economy, but the manufacturing sector is on fire.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/ism-manufacturing-sizzles/