Manufacturing’s Experience With Stagflation
Manufacturing continues to suffer from stagflation as it remains in contraction while input costs continue to rise. AI's potential to reduce service costs setups a contrasting economic dynamic to watch in 2026.
Consensus Vs. ARIMA (1,1,1): ADP Private Nonfarm Payroll
Bloomberg consensus is +7K for ADP release. What does this imply for the BLS private NFP measure (implied preliminary benchmark)? Pretty flat movement in October and November…
