The US services sector is signaling stagflation:
The ISM Services PMI fell -2.1 points in March, to 54.0, missing expectations of 54.9.
Meanwhile, the employment index dropped -6.6 points, to 45.2, the weakest since December 2023 and deep in contraction territory.
On the other hand, prices paid surged +7.7 points, to 70.7, the highest since October 2022, as the Iran war drove energy costs higher.
The economy is caught between rising prices and a weakening labor market.
Higher inflation is coming.
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The ISM Services PMI fell -2.1 points in March, to 54.0, missing expectations of 54.9.
Meanwhile, the employment index dropped -6.6 points, to 45.2, the weakest since December 2023 and deep in contraction territory.
On the other hand, prices paid surged +7.7 points, to 70.7, the highest since October 2022, as the Iran war drove energy costs higher.
The economy is caught between rising prices and a weakening labor market.
Higher inflation is coming.
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HERO!!! This is Pauls Valley High School (Oklahoma) Principal Kirk Moore. Yesterday, he tackled a would-be school shooter and was shot.
Because of Principal Moore, no one else was hurt.
He is recovering in the hospital.
The suspect is in jail.
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Because of Principal Moore, no one else was hurt.
He is recovering in the hospital.
The suspect is in jail.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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BREAKING:
US Treasury Secretary Bessent is urging Congress to pass the crypto market structure bill before it's too late.
He said this bill will remove uncertainty and stabilize the overall crypto market.
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US Treasury Secretary Bessent is urging Congress to pass the crypto market structure bill before it's too late.
He said this bill will remove uncertainty and stabilize the overall crypto market.
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Canadian man in Ottawa, Ontario, Canada, loses his cool at an immigrant working at Tim Hortons
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BREAKING: The US Economic Surprise Index is up to 0.338, the highest since October 2023.
The index measures economic data expectations to reality, rising above 0 when data beats estimates and falling below 0 when data misses.
Since July 2025, the index has risen +0.74 points, from -0.40, the lowest since September 2024.
The recent surge has been driven by stronger-than-expected retail sales, ISM Manufacturing PMI, and Conference Board Consumer Confidence data.
This suggests analysts significantly underestimated how much momentum the US economy had heading into the Iran war.
The US economy continues to surprise to the upside, even as geopolitical risks remain elevated.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
The index measures economic data expectations to reality, rising above 0 when data beats estimates and falling below 0 when data misses.
Since July 2025, the index has risen +0.74 points, from -0.40, the lowest since September 2024.
The recent surge has been driven by stronger-than-expected retail sales, ISM Manufacturing PMI, and Conference Board Consumer Confidence data.
This suggests analysts significantly underestimated how much momentum the US economy had heading into the Iran war.
The US economy continues to surprise to the upside, even as geopolitical risks remain elevated.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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In Japan, some restaurants serve Japanese customers only. It's their local policy and clearly posted at the entrance. If you went to Japan and saw this, would you be offended? Personally I wouldn't. It's their country, their rules
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Leftist soft on crime policies punish the innocent.
If you intervene, they try to ruin you. If you do nothing, the criminals their policies enable try to end you.
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If you intervene, they try to ruin you. If you do nothing, the criminals their policies enable try to end you.
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BREAKING: Trump says "all US ships, aircraft, and military personnel and anything else that is appropriate and necessary for the lethal prosecution and destruction of Iran, will remain in place in, and around, Iran, until such time as the real agreement is reached is fully complied with."
"If for any reason it is not, which is highly unlikely, then the 'Shootin’ Starts,' bigger, and better, and stronger than anyone has ever seen before," he says.
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"If for any reason it is not, which is highly unlikely, then the 'Shootin’ Starts,' bigger, and better, and stronger than anyone has ever seen before," he says.
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