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US PMIs Mixed But Still Signal Accelerating Economic Growth In Q3

US PMIs Mixed But Still Signal Accelerating Economic Growth In Q3 With 'hard data' trending weaker, today's preliminary July PMIs offer the first glimpse at whether the reignition of the Iran War is weighing on 'soft' survey sentiment in the US economy. The data was mixed (as always) with Manufacturing disappointing while Services accelerated more than expected: Flash US Manufacturing PMI: 53.8 (June: 53.9). 4-month low. Flash US Services PMI Business Activity Index: 53.6 (June: 51.2). 8-month high. “US businesses reported a good start to the third quarter," said Chris Williamson, Chief Business Economist at...
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Mar 6, 2026 / Tyler Durden
Minnesota State Employee Who Vandalized Teslas Last Year 'Punished' With 1-Day Suspension
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Mar 27, 2026 / Lucas M. Engelhardt
What Rothbard can Teach the Public about Inequality
Drawing on Rothbard's essay on inequality and the division of labor, Dr. Lucas Engelhardt argues that human diversity is the very foundation of comparative advantage and prosperity, and that billionaires arise either by serving large numbers of people through the market or by extracting wealth through political connections.
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Apr 17, 2026 / Tyler Durden
Massive Cosmic Test Shows Newton And Einstein Still Explain Gravity Accurately
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