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Despite 'Soft' Survey Strength, US Manufacturing Unexpectedly Tumbled In August
Despite 'Soft' Survey Strength, US Manufacturing Unexpectedly Tumbled In August
US Industrial Production disappointed in August, unchanged MoM vs expectations of a 0.3% MoM rise.
Capacity Utilization was flat MoM (slight disappointment to expectations...
Worse still, manufacturing production seemingly hit an unexpected wall in August, falling 0.3% MoM versus an expectation of rising 0.3% MoM. That was the biggest monthl;y drop since Oct 2025 and dragged growth down to just 0.9% YoY...
This was 'odd' since ISM Manufacturing survey data has shown a sizable uptick this year...
...or maybe it's just another useless survey...
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Authored by Steve Watson via Modernity.news,
Colossal Biosciences has announced that its de-extinct dire wolves—Romulus, Remus, and Khaleesi—are now breeding-aged and the firm plans to expand the pack later this year. The development marks a significant step for the Texas-based company in its mission to restore extinct species through genetic engineering.
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