BLS measures (employment, hours) are down through September.
Figure 1: Manufacturing employment, production and nonsupervisory workers (blue), hours (tan), ADP manufacturing employment (green), all in logs, 2025M01=0. Source: BLS, ADP via FRED, and author’s calculations.
Where’s that manufacturing renaissance I was promised?
I’m not kidding about this. There is evidence that US envoy Steve Wyckoff went to Moscow, just used Google to translate from Russian to English the document he was handed, and then presented it to Donald Trump as their “peace” plan.
Mamdani meeting Trump at the White House today. This should go down well, given the prelims.
Tokyo Rose Garden Leavitt said, “It speaks volumes that tomorrow we have a communist coming to the White House, because that’s who the Democrat Party elected as the mayor of the largest city in the country.”
No word yet if JD will be there to tag team him.