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[quote=Anonymous]Data released on Thursday showed the ISM’s manufacturing index slid to an eight-month low of 46.8% last month from 48.5% in June, remaining below the 50% level that signals the manufacturing sector is shrinking. S&P Global’s U.S. manufacturing purchasing managers index also fell to 49.6 for July as business conditions slightly deteriorated. “The July ISM’s were outright weak, with no real silver lining. The caveat is that, yes, soft economic data has painted a weaker picture than real economic data for more than two years, but this month feels different,” said economic analyst Mark Streiber at FHN Financial in New York. Which was followed up by weak jobs. Bidenomics.it hurtling toward recession at breakneck speed. [/quote]
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