Image Source: Pixabay
BLS measures (employment, hours) are down through September.
Figure 1: Manufacturing employment, production and nonsupervisory workers (blue), hours (tan), ADP manufacturing employment (green), all in logs, 2025M01=0. Source: BLS, ADP via FRED, and author’s calculations.
Where’s that manufacturing renaissance I was promised?
More By This Author:
Raise The Yuan!Bitcoin 34% Below Peak, 12.5% Below January 1st
What’s An Essential Worker (Or Activity)? No October CPI, Employment Release, But We Get A Hole Where The East Wing Used To Be
Comments
Log in or sign up to join the conversation.