Episode Details

Welcome back, and a Happy New Year to all our listeners! Today, Megan Horneman looks into the latest insights from the ISM Manufacturing Report, a crucial indicator for the overall manufacturing sector in the US. Despite being in contraction territory for the 14th consecutive month, Megan touches on why this doesn't necessarily signal an impending recession. She breaks down the various components of the report, highlighting significant declines in inventories and prices paid, which, while negative for the index, could positively impact inflation. Megan also talks about the weak areas, such as new orders and customer inventories, emphasizing their role as leading indicators for the economy. If you have any questions or comments, feel free to reach out to podcast at Verdence dot com. Here's to another great year of Markets with Megan. Thank you for tuning in! 

Watch today's episode here: https://youtu.be/UMKmSw_xmG4

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