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End of the Trump bump? ISM manufacturing joins host of indicators that are at lowest level since ele
End of the Trump bump? ISM manufacturing joins host of indicators that are at lowest level since election
https://www.marketwatch.com/story/end-of-the-trump-bump-ism-manufacturing-joins-host-of-indicators-that-are-at-lowest-level-since-election-2019-03-01
The Institute for Supply Management reported Friday its manufacturing purchasing managers index in February fell to the lowest level since November 2016.
The University of Michigan’s consumer sentiment index hit Trump-era lows in January, and only inched higher in February.
• The National Federation of Independent Business — a very pro-Republican trade group — reported its small-business optimism index in January fell to the lowest level since November 2016.
• The Philadelphia Fed’s manufacturing index fell in February to the lowest level since May 2016, when Trump was putting the finishing touches on securing the Republican nomination.
The University of Michigan’s consumer sentiment index hit Trump-era lows in January, and only inched higher in February.
• The National Federation of Independent Business — a very pro-Republican trade group — reported its small-business optimism index in January fell to the lowest level since November 2016.
• The Philadelphia Fed’s manufacturing index fell in February to the lowest level since May 2016, when Trump was putting the finishing touches on securing the Republican nomination.