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3rd Sep 2024 11:15USDaily Monitor

  • The details of the August ISM manufacturing survey are bleak, despite the uptick in the headline.
  • Weakness in the manufacturing sector looks set to remain a small drag on payrolls and growth.
  • The July JOLTS report will reinforce the message that the labor market is cooling. 

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Keywords for: 4 September 2024 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence