‼️Stagflationary pressures are building in the US manufacturing sector: ISM manufacturing prices paid index spiked to 84.6 points in April, a 4-year high. Over the last 3 months, prices paid have SKYROCKETED over 20 points, marking one of the biggest spikes in history. Meanwhile, the employment index dropped to 46.4 points, the lowest level in 2026. Employment has now been contracting for 15 months STRAIGHT. This is all despite ISM manufacturing PMI sitting above 52 for 4 months (exceeding 50 = expansion). Stagflation remains the biggest risk for the economy.
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